MoneyWorks4Me

Bharat Forge’s arm signs MoU with FN Herstal

04 Sep 2026 Evaluate

Bharat Forge’s wholly-owned defence subsidiary -- Kalyani Strategic Systems (KSSL) and FN Herstal, a wholly owned subsidiary of FN Browning Group, have signed a Memorandum of Understanding (MoU) to pursue local manufacturing and industrial cooperation in support of India's defence requirements. The partnership brings together six decades of Indian advanced engineering and technology-led manufacturing at scale with more than 135 years of global leadership in small arms and integrated weapon systems.

Under the MoU, KSSL and FN Herstal will evaluate the establishment of a dedicated production center in India and a Strategic Alliance / Joint Venture covering a range of FN Herstal defence solutions for the Indian market, spanning small arms, integrated weapon systems and counter-unmanned aerial system (C-UAS) solutions. The initiative is aligned with the Government of India's Make in India policy. It reflects a shared intent to build capability inside the country through local manufacturing, technology cooperation and value creation, strengthening India's defence industrial base and deepening domestic participation in defence procurement programmes. For the Indian armed forces, this translates into long-term security of supply and greater strategic autonomy in a category of systems that is central to operational readiness.

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

1978.00 -9.00 (-0.45%)
04-Sep-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharat Forge 1978.00
Ramkrishna Forgings 700.60
Happy Forgings 2239.75
MM Forgings 629.10
Balu Forge Inds. 574.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: