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Bharat Forge’s arm secures order for supply of Artillery Guns

09 Nov 2022 Evaluate

Bharat Forge’s wholly-owned subsidiary -- Kalyani Strategic Systems has been awarded an export order for a 155mm Artillery Gun platform to be executed over a 3-year timeframe. The total value of the order is $155.50 Million.

This order, to a non-conflict zone, is a great testament to the Government of India’s AatmaNirbhar Bharat agenda and its sustained push to promote exports of Indigenously Designed Developed and Manufactured (IDDM) advanced defence platforms from India.

Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

Peers
Company Name CMP
Bharat Forge 1874.00
Ramkrishna Forgings 687.95
MM Forgings 597.00
Happy Forgings 2078.50
Balu Forge Inds. 498.45
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