Bharat Forge stated it has acquired an order price Rs 177.95 crore from the Ministry of Defence for provide of Kalyani M4 automobiles
NEW DELHI: Bharat Forge on Tuesday stated it has acquired an order price Rs 177.95 crore from the Ministry of Defence for provide of Kalyani M4 automobiles.
The corporate has acquired the order from the Indian Military for protected automobiles beneath emergency procurement, Bharat Forge stated in a regulatory submitting.
On Monday, the Pune-based agency had inked a pact with international aerospace and expertise agency Paramount Group to fabricate armoured automobiles within the nation.
The Kalyani M4 is a multi-role platform, designed to fulfill the particular necessities of armed forces for fast mobility in tough terrain and in areas affected by mine and improvised explosive units (IED) threats. The Kalyani M4 relies on one among our flagship armoured automobiles designed particularly for in-country manufacturing in India with our companions the Kalyani Group. We’re proud that will probably be made in India, he stated.