IBOV 176,050 ▲ 0.18% IPSA 10,928 ▲ 0.16% IPC MEX 66,635 ▲ 1.00% MERVAL 3,234,936 ▼ 0.01% COLCAP 2,293.59 ▼ 0.61% BVL PERÚ 56,428.20 ▲ 1.53% USD/BRL5.07▼ 1.25% USD/MXN17.43▼ 0.58% USD/CLP923.85▼ 0.97% USD/COP3,251▼ 0.36% USD/PEN3.39▼ 0.66% USD/ARS1,473▼ 0.67% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.34▲ 0.44% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.25% USD/TTD6.75▲ 1.19% EUR/BRL5.80▼ 0.44% BRENT 84.69 ▲ 1.67% WTI 79.17 ▲ 1.32% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.18% GOLD 4,064 ▲ 1.66% SILVER 58.98 ▲ 2.34% SOY 1,192 ▼ 0.81% CORN 460.25 ▲ 5.14% WHEAT 645.25 ▲ 2.91% COFFEE 325.45 ▼ 4.67% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 138.10 ▼ 3.12% COTTON 81.68 ▲ 2.32% COCOA 5,913 ▲ 3.81% BEEF 231.83 ▼ 1.24% CATTLE 349.00 ▼ 1.51% LITHIUM 71.29 ▲ 1.49% PETR4 40.68 ▲ 0.05% VALE3 74.06 ▲ 1.66% ITUB4 43.41 ▼ 0.25% BBDC4 18.54 ▼ 1.23% ABEV3 15.86 ▲ 0.19% BBAS3 20.52 ▲ 1.38% B3SA3 15.32 ▲ 1.32% WEGE3 44.21 ▼ 0.41% PRIO3 56.76 ▼ 0.77% SUZB3 41.28 ▼ 0.51% RENT3 40.39 ▲ 0.47% AZZA3 18.78 ▼ 2.29% CSAN3 3.88 ▼ 0.51% RAIZ4 0.32 ▼ 3.03% PCAR3 2.47 ▼ 4.63% GMAT3 3.95 ▲ 0.25% PSSA3 54.18 ▲ 0.26% CVCB3 1.29 ▲ 3.20% POSI3 3.94 ▼ 1.25% SLCE3 13.71 ▼ 1.15% NATU3 8.52 ▼ 0.93% BRKM5 6.64 ▼ 4.32% RANI3 8.00 ▲ 0.63% CSNA3 5.13 ▼ 2.10% CMIN3 5.17 ▼ 5.14% USIM5 8.27 ▼ 1.31% GGBR4 23.17 ▲ 1.53% ENEV3 26.79 ▼ 0.33% CPFE3 47.20 ▲ 0.77% CMIG4 11.12 ▲ 0.45% EQTL3 40.69 ▲ 1.19% LREN3 14.13 ▼ 0.14% VIVT3 35.40 ▲ 1.93% RAIL3 14.13 ▲ 0.14% KLABIN 17.39 ▼ 0.51% RAIA DROGASIL 18.37 ▲ 0.93% RDOR3 35.59 ▲ 0.08% HAPV3 10.64 ▲ 1.72% FLRY3 16.34 ▲ 1.18% SMTO3 16.15 ▼ 1.34% UGPA3 29.94 ▼ 3.20% VBBR3 32.87 ▲ 0.34% BBSE3 40.18 ▼ 0.25% BPAC11 57.81 ▲ 0.50% CURY3 32.73 ▼ 1.18% AERI3 2.08 — 0.00% VIVARA 23.34 ▲ 1.00% COMPASS 25.17 ▲ 1.61% VAMOS 3.04 ▲ 0.66% SANB11 27.33 ▼ 0.15% ASAI3 8.63 ▼ 0.92% SBSP3 30.36 ▼ 0.03% WALMEX 49.55 ▼ 0.20% GMEXICO 200.35 ▲ 2.43% FEMSA 233.37 ▲ 3.55% CEMEX 22.18 ▲ 1.84% GFNORTE 186.97 ▲ 2.69% BIMBO 56.43 ▲ 1.00% TELEVISA 9.50 ▼ 1.14% AMX 22.88 ▲ 1.28% GAP 387.25 ▼ 5.13% ASUR 277.71 ▼ 0.34% OMA 232.90 ▼ 0.18% KOF 181.84 ▲ 0.32% GRUMA 282.85 ▲ 0.53% KIMBER 38.40 ▲ 0.47% SQM-B 67,502 ▲ 0.43% COPEC 6,075 ▲ 0.29% BSANTANDER 78.79 ▲ 0.75% FALABELLA 5,936 ▲ 0.52% ENELAM 85.50 ▲ 1.54% CENCOSUD 2,044 ▲ 0.20% CMPC 1,076 ▼ 0.19% BANCO CHILE 188.49 ▲ 1.89% LATAM AIR 24.84 ▼ 0.24% YPF 77,300 ▲ 0.16% GGAL 8,010 ▼ 0.87% PAMPA 5,200 ▼ 0.48% TXAR 663.00 ▼ 0.23% ALUAR 960.00 ▼ 0.47% TGS 9,690 ▲ 1.25% CEPU 2,309 ▼ 0.43% MIRGOR 16,725 ▼ 1.62% COME 45.22 ▲ 0.98% LOMA NEGRA 3,563 ▲ 1.86% BYMA 303.50 ▼ 1.54% TELECOM ARG 4,285 ▲ 0.82% ECOPETROL 16.03 ▲ 0.91% BANCOLOMBIA 81.65 ▲ 1.53% GRUPO AVAL 4.91 — 0.00% CREDICORP 390.74 ▲ 0.39% SOUTHERN COPPER 179.71 ▲ 2.97% BUENAVENTURA 30.66 ▲ 2.80% MERCADOLIBRE 1,870 ▲ 0.16% NUBANK 13.99 ▲ 2.30% XP 16.77 ▲ 2.41% PAGSEGURO 9.24 ▼ 0.48% STONE 11.21 ▲ 0.49% GLOBANT 31.67 ▼ 1.40% TECNOGLASS 43.27 ▲ 1.00% GAP AIRPORT 222.94 ▼ 4.22% ASUR 277.71 ▼ 0.34% OMA AIRPORT 107.37 ▲ 1.17% AMX ADR 26.18 ▲ 0.58% FEMSA ADR 134.06 ▲ 3.91% CEMEX ADR 12.72 ▲ 2.17% PETROBRAS ADR 17.94 ▲ 0.34% VALE ADR 14.56 ▲ 2.64% ITAU ADR 8.53 ▲ 0.76% SANTANDER BR 5.40 ▲ 0.93% AMBEV ADR 3.11 ▲ 1.63% CSN 1.02 ▼ 1.46% GERDAU 4.59 ▲ 2.12% LATAM ADR 53.72 ▲ 0.72% BTC 64,490 ▲ 3.62% ETH 1,869 ▲ 5.37% SOL 77.04 ▲ 2.91% XRP 1.10 ▲ 3.34% BNB 579.71 ▲ 2.31% ADA 0.16 ▲ 4.31% DOGE 0.07 ▲ 3.62% AVAX 6.64 ▲ 3.04% LINK 8.24 ▲ 4.72% DOT 0.85 ▲ 1.97% LTC 44.54 ▲ 2.42% BCH 237.27 ▲ 0.44% TRX 0.33 ▲ 0.32% XLM 0.18 ▲ 1.89% HBAR 0.07 ▲ 0.34% NEAR 2.04 ▲ 6.22% ATOM 1.55 ▲ 1.24% AAVE 99.36 ▲ 5.30% SELIC 14.25% EMBRAER 83.01 — 0.00% EMBRAER ADR 65.41 ▲ 1.44% JBS 11.81 ▲ 0.04% JBS BDR 59.79 ▼ 1.35% MBRF3 16.08 ▲ 2.29% MBRFY 3.10 ▲ 1.64% INTER 5.67 ▲ 0.27% IBOV 176,050 ▲ 0.18% IPSA 10,928 ▲ 0.16% IPC MEX 66,635 ▲ 1.00% MERVAL 3,234,936 ▼ 0.01% COLCAP 2,293.59 ▼ 0.61% BVL PERÚ 56,428.20 ▲ 1.53% USD/BRL 5.07 ▼ 1.25% USD/MXN 17.43 ▼ 0.58% USD/CLP 923.85 ▼ 0.97% USD/COP 3,251 ▼ 0.36% USD/PEN 3.39 ▼ 0.66% USD/ARS 1,473 ▼ 0.67% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.34 ▲ 0.44% USD/CRC 448.93 ▲ 1.31% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.38% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.25% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.80 ▼ 0.44% BRENT 84.69 ▲ 1.67% WTI 79.17 ▲ 1.32% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.18% GOLD 4,064 ▲ 1.66% SILVER 58.98 ▲ 2.34% SOY 1,192 ▼ 0.81% CORN 460.25 ▲ 5.14% WHEAT 645.25 ▲ 2.91% COFFEE 325.45 ▼ 4.67% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 138.10 ▼ 3.12% COTTON 81.68 ▲ 2.32% COCOA 5,913 ▲ 3.81% BEEF 231.83 ▼ 1.24% CATTLE 349.00 ▼ 1.51% LITHIUM 71.29 ▲ 1.49% PETR4 40.68 ▲ 0.05% VALE3 74.06 ▲ 1.66% ITUB4 43.41 ▼ 0.25% BBDC4 18.54 ▼ 1.23% ABEV3 15.86 ▲ 0.19% BBAS3 20.52 ▲ 1.38% B3SA3 15.32 ▲ 1.32% WEGE3 44.21 ▼ 0.41% PRIO3 56.76 ▼ 0.77% SUZB3 41.28 ▼ 0.51% RENT3 40.39 ▲ 0.47% AZZA3 18.78 ▼ 2.29% CSAN3 3.88 ▼ 0.51% RAIZ4 0.32 ▼ 3.03% PCAR3 2.47 ▼ 4.63% GMAT3 3.95 ▲ 0.25% PSSA3 54.18 ▲ 0.26% CVCB3 1.29 ▲ 3.20% POSI3 3.94 ▼ 1.25% SLCE3 13.71 ▼ 1.15% NATU3 8.52 ▼ 0.93% BRKM5 6.64 ▼ 4.32% RANI3 8.00 ▲ 0.63% CSNA3 5.13 ▼ 2.10% CMIN3 5.17 ▼ 5.14% USIM5 8.27 ▼ 1.31% GGBR4 23.17 ▲ 1.53% ENEV3 26.79 ▼ 0.33% CPFE3 47.20 ▲ 0.77% CMIG4 11.12 ▲ 0.45% EQTL3 40.69 ▲ 1.19% LREN3 14.13 ▼ 0.14% VIVT3 35.40 ▲ 1.93% RAIL3 14.13 ▲ 0.14% KLABIN 17.39 ▼ 0.51% RAIA DROGASIL 18.37 ▲ 0.93% RDOR3 35.59 ▲ 0.08% HAPV3 10.64 ▲ 1.72% FLRY3 16.34 ▲ 1.18% SMTO3 16.15 ▼ 1.34% UGPA3 29.94 ▼ 3.20% VBBR3 32.87 ▲ 0.34% BBSE3 40.18 ▼ 0.25% BPAC11 57.81 ▲ 0.50% CURY3 32.73 ▼ 1.18% AERI3 2.08 — 0.00% VIVARA 23.34 ▲ 1.00% COMPASS 25.17 ▲ 1.61% VAMOS 3.04 ▲ 0.66% SANB11 27.33 ▼ 0.15% ASAI3 8.63 ▼ 0.92% SBSP3 30.36 ▼ 0.03% WALMEX 49.55 ▼ 0.20% GMEXICO 200.35 ▲ 2.43% FEMSA 233.37 ▲ 3.55% CEMEX 22.18 ▲ 1.84% GFNORTE 186.97 ▲ 2.69% BIMBO 56.43 ▲ 1.00% TELEVISA 9.50 ▼ 1.14% AMX 22.88 ▲ 1.28% GAP 387.25 ▼ 5.13% ASUR 277.71 ▼ 0.34% OMA 232.90 ▼ 0.18% KOF 181.84 ▲ 0.32% GRUMA 282.85 ▲ 0.53% KIMBER 38.40 ▲ 0.47% SQM-B 67,502 ▲ 0.43% COPEC 6,075 ▲ 0.29% BSANTANDER 78.79 ▲ 0.75% FALABELLA 5,936 ▲ 0.52% ENELAM 85.50 ▲ 1.54% CENCOSUD 2,044 ▲ 0.20% CMPC 1,076 ▼ 0.19% BANCO CHILE 188.49 ▲ 1.89% LATAM AIR 24.84 ▼ 0.24% YPF 77,300 ▲ 0.16% GGAL 8,010 ▼ 0.87% PAMPA 5,200 ▼ 0.48% TXAR 663.00 ▼ 0.23% ALUAR 960.00 ▼ 0.47% TGS 9,690 ▲ 1.25% CEPU 2,309 ▼ 0.43% MIRGOR 16,725 ▼ 1.62% COME 45.22 ▲ 0.98% LOMA NEGRA 3,563 ▲ 1.86% BYMA 303.50 ▼ 1.54% TELECOM ARG 4,285 ▲ 0.82% ECOPETROL 16.03 ▲ 0.91% BANCOLOMBIA 81.65 ▲ 1.53% GRUPO AVAL 4.91 — 0.00% CREDICORP 390.74 ▲ 0.39% SOUTHERN COPPER 179.71 ▲ 2.97% BUENAVENTURA 30.66 ▲ 2.80% MERCADOLIBRE 1,870 ▲ 0.16% NUBANK 13.99 ▲ 2.30% XP 16.77 ▲ 2.41% PAGSEGURO 9.24 ▼ 0.48% STONE 11.21 ▲ 0.49% GLOBANT 31.67 ▼ 1.40% TECNOGLASS 43.27 ▲ 1.00% GAP AIRPORT 222.94 ▼ 4.22% ASUR 277.71 ▼ 0.34% OMA AIRPORT 107.37 ▲ 1.17% AMX ADR 26.18 ▲ 0.58% FEMSA ADR 134.06 ▲ 3.91% CEMEX ADR 12.72 ▲ 2.17% PETROBRAS ADR 17.94 ▲ 0.34% VALE ADR 14.56 ▲ 2.64% ITAU ADR 8.53 ▲ 0.76% SANTANDER BR 5.40 ▲ 0.93% AMBEV ADR 3.11 ▲ 1.63% CSN 1.02 ▼ 1.46% GERDAU 4.59 ▲ 2.12% LATAM ADR 53.72 ▲ 0.72% BTC 64,490 ▲ 3.62% ETH 1,869 ▲ 5.37% SOL 77.04 ▲ 2.91% XRP 1.10 ▲ 3.34% BNB 579.71 ▲ 2.31% ADA 0.16 ▲ 4.31% DOGE 0.07 ▲ 3.62% AVAX 6.64 ▲ 3.04% LINK 8.24 ▲ 4.72% DOT 0.85 ▲ 1.97% LTC 44.54 ▲ 2.42% BCH 237.27 ▲ 0.44% TRX 0.33 ▲ 0.32% XLM 0.18 ▲ 1.89% HBAR 0.07 ▲ 0.34% NEAR 2.04 ▲ 6.22% ATOM 1.55 ▲ 1.24% AAVE 99.36 ▲ 5.30% SELIC 14.25% EMBRAER 83.01 — 0.00% EMBRAER ADR 65.41 ▲ 1.44% JBS 11.81 ▲ 0.04% JBS BDR 59.79 ▼ 1.35% MBRF3 16.08 ▲ 2.29% MBRFY 3.10 ▲ 1.64% INTER 5.67 ▲ 0.27%
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Tuesday, July 14, 2026

Brazil Business - Brazil

Brazil’s Taurus and India’s Jindal to produce TSeries pistols and T4 rifles

By · August 3, 2022 · 2 min read

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JHind Taurus India Private Limited, a joint venture between Brazil’s Taurus Armas and India’s Jindal Group, is very close to starting operations in the northern Indian city of Hisar, an important milestone given the major contracts being negotiated with the Indian government.

The physical works of the facilities, completed at the end of April, are now in the process of installing the machinery, and production is expected to start next October.

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The partnership between Brazilian and Indian companies, held during the first Brazil-India Defense Industry Dialogue of the India-Brazil Business Forum (IBBF), chose Taurus to be responsible for technology transfer, and the weapons will be manufactured on Indian territory under the Make in India program, aimed at developing local industry.

Taurus TS9.
Taurus TS9. (Photo: Taurus, internet reproduction)
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The ongoing negotiations between Taurus and Jindal Group are focused on the Indian Armed Forces’ tender for supplying at least 400,000 new rifles, but there are many other business opportunities throughout India.

Business rounds established with major state police and paramilitary forces in various regions of India under the Ministry of Home Affairs (MHA) have identified many smaller specific projects that represent strategic opportunities such as the supply of modern weaponry for use in border management, special operations, urban and institutional security, among others.

PISTOLS, SUBMACHINE GUNS, AND RIFLES

The initial demand for these small contracts and identified opportunities amounts to a short to medium-term quantity of over 100,000 weapons, emphasizing 9mm caliber pistols, submachine guns, and rifles.

To meet this demand, Taurus will manufacture in India its TSeries line, which includes the TS9 and TH9 pistols, the SMT9 submachine gun, and versions of the T4 rifle (M4 platform).

According to the Brazilian company, the TSeries family responds to the characteristics and performance required by these forces using a local plant and industrial team, an advantage that major global competitors do not have, and a strong industrial presence in the country within the “Make in India” concept.

“The Taurus commercial team is active and focused on opening up these opportunities. These smaller tenders, in addition to reinforcing Taurus’ presence and solidification in the Indian Defense and Security market, are strategic because, due to their characteristics, they usually have a smaller number of companies competing and can lead to contracts with potentially higher profitability and margins compared to large tenders.

“And in India, everything is superlative; it is the second most populous country in the world, with vast numbers in any tender, even for supplying the huge military, police, and private security market. We are quite hopeful that India will generate solid results in the coming years,” said Salesio Nuhs, CEO of Taurus.

With information from InfoDefensa

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