New Delhi, Dec. 22 -- In a major milestone in the Make-in-India program envisioned by Prime Minister Narendra Modi, India Optel Limited (IOL), a Mini Navratna Defence Public Sector Undertaking, has signed a collaboration agreement with Safran Electronics and Defense for the Transfer of Production of two high-precision, combat-proven systems, paving the way for their local manufacturing.

According to the Ministry of Defence, the systems are: SIGMA 30N Digital Ring Laser Gyro Inertial Navigation System, used in artillery guns, air defence systems, missiles and radars; and CM3-MR Direct Firing Sight, designed for artillery guns and anti-drone systems.

The agreement was signed by CMD, IOL Tushar Tripathi and Head of the Defence Global Busin...