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Bharat Forge’s arm inks pact with Thales for 70-mm rocket systems

03 Sep 2026 Evaluate

Bharat Forge’s wholly-owned defence subsidiary -- Kalyani Strategic Systems (KSSL) and Thales have signed a Strategic Alliance Agreement to explore collaboration on both the unguided and laser-guided variants of Thales’ 70-mm rocket systems, which are already in use by the Indian Armed Forces.

The partnership marks a significant step in strengthening India-Belgium defence cooperation while advancing India's ambition to become a globally competitive defence manufacturing hub. By combining Thales' advanced rocket technologies and global market reach with KSSL's established expertise in defence manufacturing, system integration and industrialisation, the companies will create an indigenous capability to address domestic requirements and support international opportunities. 

As part of this collaboration, Thales will leverage its long-standing partnership with India and contribute its global expertise in 2.75-inch / 70-mm rockets and launchers developed in Belgium, while KSSL will utilise its local manufacturing and testing facilities to support production and integration of components from Thales’ qualified supply chain, ensuring international quality standards.

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.

Bharat Forge Share Price

1987.00 -37.05 (-1.83%)
03-Sep-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharat Forge 1987.00
Ramkrishna Forgings 726.50
Happy Forgings 2290.05
MM Forgings 642.30
Balu Forge Inds. 570.00
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