Private Sector

Bharat Forge, Paramount ink defence deal

By The Hindu

Bharat Forge on Monday said it had inked a pact with global aerospace and technology firm Paramount Group to manufacture armoured vehicles in the country. An agreement to this effect was signed by both companies during the International Defence Expo in Abu Dhabi, Bharat Forge said in a statement.

“This collaboration brings together the manufacturing and technology excellence of two leading companies. The Kalyani M4 is a fantastic new-generation vehicle, and we want to position it as the future of protection in all markets worldwide,” said Bharat Forge Deputy MD Amit Kalyani. The Kalyani M4 is designed to meet the specific requirements of armed forces for quick mobility in rough terrain and in areas affected by mine and IED threats.

Paramount Group Chairman Ivor Ichikowitz said all its technologies have been developed with portable production in mind.

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