New Delhi, Dec. 31 -- Israeli small arms maker Israel Weapon Industries (IWI) on Tuesday said its Indian subsidiary, PLR Systems Pvt Ltd, has been selected by the Ministry of Defence for the supply of 1,70,000 Close Quarter Battle (CQB) carbines.

The announcement came as the Ministry of Defence signed defence procurement contracts worth Rs 4,666 crore to enhance the combat capabilities of the Indian Armed Forces.

"IWI (Israel Weapon Industries), an SK Group company, is proud that its Indian subsidiary, PLR, has been selected by the Indian Ministry of Defence for the procurement of 170,000 carbines, based on the GALIL ACE CQB," the company said in a statement.

The Ministry of Defence said the contracts were inked on December 30, in the ...