MoneyWorks4Me

Bharat Forge inks MoU with VEDA Aeronautics (P)

13 Feb 2025 Evaluate

Bharat Forge and VEDA Aeronautics (P) (VEDA), an Indian Aerospace & Defence company involved in development and supply of Unmanned Systems, have signed a Memorandum of Understanding (MoU) to develop state-of-the-art Unmanned Aerial Vehicles (UAV) & other High-Speed Aerial Weapon systems used in the battlefield. 

While VEDA has been engaged in shaping the unmanned system technology for defence services, the company will supply the micro jet engines used in these unmanned systems. The MoU is expected to play a vital role in leveraging each other’s capabilities to strengthen India’s defense capabilities and contributing to national self-reliance.

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 1928.90
Ramkrishna Forgings 714.30
MM Forgings 627.05
Happy Forgings 2152.25
Balu Forge Inds. 527.90
View more..