Mahindra and BAE Systems joint venture declared operational

Defence Land Systems India, a Mahindra and BAE Systems joint venture company, has held its inaugural board meeting. At the meeting, the joint venture company was declared operational and Mr. Anand Mahindra, Vice Chairman and Managing Director, Mahindra Group, was elected chairman of the Defence Land Systems India board. Mr. Guy Griffiths, Managing Director International Operating Group BAE Systems, was appointed Vice Chairman of the joint venture’s board. Other board members were confirmed as follows: Mr. V. S. Parthasarathy, Executive Vice President, Mahindra and Mahindra Ltd., Brigadier (Retd.) Khutub Hai, Chief Executive, Mahindra Defence Systems, Mr. David Allott, Managing Director, Global Combat Systems, BAE Systems. The Executive Officers of Defence Land Systems India were also appointed. Brigadier (Retd.) Khutub Hai has been appointed Managing Director and CEO, Mr. Arne Berglund is deputy CEO, and Mr. Anil Chugh is the CFO. Brigadier (Retd.) Khutub Hai, MD & CEO, Defence Land Systems India, said, Defence Land Systems India hits the ground running with existing products, business and facilities, as well as a strong experienced team. The company has great potential and plans to become a leading player in the Indian defence industry.