Nammo AS : Nammo expand their presence to India
New Delhi, India, June 03, 2016; Nammo officially mark the start of Nammo India Private Limited.
Today an official ceremony was held in New Delhi to mark the establishment of Nammo's presence in India. Representatives from the Indian Armed Forces and defence industries were present. The Norwegian Ambassador to India, Nils Ragnar Kamsvag, took part and gave a speech. The Norwegian Defence Attaché and representatives from the Commercial Section (Innovation Norway) also participated.
Through local presence and a newly established office in New Delhi, Nammo is ready to support India in its defence modernization programmes and to be an active participant in the - Make in India- initiative.
"We have seen that the expertise, production cost and excellent quality of products manufactured by Indian industries correspond perfectly to several of our product lines. I believe we have great opportunities for cooperation ahead of us," says Kjell Kringsja, Senior Vice President Business Development in the Nammo Group
The Nammo Group is a world leader in the development and manufacture of shoulder fired systems and high-performance ammunition products for various weapon platforms.
Indian Armed Forces have increasing needs, which correspond well to Nammo's product portfolio. Nammo can offer both solutions and products that are adaptable to the requirements of the Indian Armed Forces.
Together with Indian defence industries, Nammo has defined concrete and interesting partnering areas creating an excellent platform for strong cooperation in the future.
For further information, please contact:
Sissel Solum
Senior Vice President Communication
Nammo Group
+47 95 05 12 20
Karanjit Singh Chopra
Managing Director
Nammo India Private Limited
+91 9717 44 8686
www.nammo.com
The Nammo Group is a supplier of high performance products to the aerospace & defense industry. Its core businesses are military and commercial ammunition; shoulder fired systems; rocket motors and environmentally friendly demilitarization. Nammo has 2,100 employees located in 12 countries.
Copyright GlobeNewswire
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: %s via Globenewswire
[HUG#2017767]
