♦ India and Slovakia have signed their first defence Memorandum of Understanding (MoU), with JCBL Group's defence unit Airbornics Defence & Space Pvt. Ltd. (ADSL) set to co-develop technologies for next-generation combat vehicles under India's indigenous manufacturing initiative. The partnership aims to facilitate technology transfer and co-development of combat platforms designed for complex terrains and high-altitude environments, with all manufacturing to be conducted in India. The collaboration may also open opportunities for future defence exports by combining Slovakia's technological expertise with India's manufacturing capabilities.
♦ ADSL specializes in aerospace systems, defence platforms, and armored vehicles. JCBL Group, founded in 1989, has expanded from mobility solutions to various sectors including defence, railway components, agriculture, and finance. The conglomerate, currently valued at $206.02 million, has previously partnered with global brands such as Daimler, Toyota, and Harley-Davidson.