Indian companies sell military equipment to Chile worth $18.7 mn

The Chilean Navy received an Anchor Handling Towing Supply and Standby Vessel (AHTSSV) ocean support vessel from India’s Larsen & Tourbo (L&T) for a value of $11.5 million. India’s Kanpur based MKU Limited has also executed a defence contract with Carabineros of Chile for 11,700 Ballistic Helmets with accessories worth $7.2 million. The Indian company is expected to sign a contract extension worth $2.1 million shortly.

Source: Financial Express