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Bharat Forge bags contract worth Rs 1,661.9 crore

31 Dec 2025 Evaluate

Bharat Forge (BFL) has bagged contract worth Rs 1,661.9 crore from Indian Ministry of Defence (MoD) for supply of 255,128 CQB Carbines (5.56 x 45 mm) to the Indian Army. The contract sets forth order execution within five years. The 5.56 x 45 mm CQB Carbine is an indigenously designed, developed, and manufactured (IDDM) compact firearm jointly developed by Armament Research & Development Establishment (ARDE), DRDO and Bharat Forge, Pune.  

Aligned with the Atmanirbhar Bharat mission, BFL and its wholly-owned defence subsidiary Kalyani Strategic Systems (KSSL), remain dedicated to equipping the Indian Armed Forces with ‘Made in India’ advanced defence equipment and platforms. 

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 1940.00
Ramkrishna Forgings 710.70
MM Forgings 632.10
Happy Forgings 2167.15
Balu Forge Inds. 533.25
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