Published on Dec 23, 2025
Current Affairs
India Optel Limited (IOL)
India Optel Limited (IOL)

♦ India Optel Limited (IOL) has signed a collaboration agreement with Safran Electronics & Defense for the transfer of production of two high-precision, combat-proven defence systems for local manufacturing. Under the collaboration, IOL will manufacture the SIGMA 30N Digital Ring Laser Gyro Inertial Navigation System, used in artillery guns, air defence systems, missiles and radars, and the CM3-MR Direct Firing Sight, designed for artillery guns and anti-drone systems.

♦ The agreement was signed by Chairman and Managing Director of IOL, Tushar Tripathi, and Head of the Defence Global Business Unit at Safran Electronics & Defense, Alexandre Ziegler, in the presence of Secretary (Defence Production) Sanjeev Kumar in New Delhi on 22 December 2025.