Bharat Forge Ltd has signed its largest-ever small arms contract worth ₹16.62 billion with the Ministry of Defence. The landmark deal strengthens India’s push for indigenous defence manufacturing under the “Make in India” initiative and positions Bharat Forge as a key player in modernizing the armed forces.
Bharat Forge Ltd, a leading engineering and manufacturing company, announced that it has signed a ₹16.62 billion contract with the Ministry of Defence for the supply of small arms. This marks the company’s largest small arms order to date and represents a significant milestone in India’s defence indigenization efforts.
The contract underscores the government’s commitment to strengthening domestic defence capabilities and reducing reliance on imports. Bharat Forge, part of the Kalyani Group, has been expanding its footprint in defence manufacturing, with investments in advanced technologies and collaborations aimed at delivering world class equipment.
Industry experts view this deal as a boost to India’s defence preparedness, while also enhancing Bharat Forge’s revenue visibility and positioning in the defence sector.
Key Highlights
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Contract value: ₹16.62 billion, Bharat Forge’s largest small arms order.
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Partnership: Signed with the Ministry of Defence under the “Make in India” framework.
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Strategic impact: Strengthens India’s self-reliance in defence manufacturing.
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Company profile: Bharat Forge, part of the Kalyani Group, is diversifying into defence and aerospace.
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Market outlook: Deal expected to improve revenue visibility and investor confidence.
Sources: Business Standard, Economic Times Defence News