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After two months of strict lockdown-type restrictions, Maharashtra will roll-out its Unlock plan from June 7. CM Uddhav Thackeray asked the people of the state to take care of themselves and not become complacent. ....
Defence > Defence production 26 February 2021 The Defence Acquisition Council of the defence ministry has placed an order worth Rs177.95 crore with Bharat Forge for the manufacture and supply of Kalyani M4 vehicles. Under the contract, which is part of a Rs13,700 crore emergency procurement by the ministry, entails production and supply of 200 Kalyani M4 vehicles.. Pune-based Bharat Forge has entered into a partnership with global aerospace and technology firm Paramount Group to manufacture armoured vehicles in the country. The agreement was signed a day before during the International Defence Expo held in Abu Dhabi. This collaboration brings together the manufacturing and technology excellence of two leading companies, which have matching synergies and complementary capabilities. The Kalyani M4 is a fantastic new generation vehicle, and we want to position it as the future of protection in all markets world-wide, Bharat Forge deputy managing director A ....
February 23, 2021 The Indian Army will soon receive ‘made-in-India’ ‘Kalyani M4’ armored vehicles. Global aerospace and technology company, Paramount Group, and India’s Bharat Forge Limited have joined hands to manufacture these vehicles for the Indian armed forces. An agreement was signed by both companies during the second day of the International Defence Expo (IDEX 2021) held in Abu Dhabi. The vehicles will be made in India, a move that is in sync with the Indian government’s ‘Atmanirbhar Bharat’ (self-reliant India) initiative. Following the signing of the agreement, Bharat Forge Limited announced to the Indian Stock Exchange on February 23 that it received an order worth Rs 177.95 crore from India’s Ministry of Defence for the supply of Kalyani M4 vehicles. ....
Shares of Bharat Forge rose over 4 per cent in afternoon trade on Tuesday after the company inked a pact with global aerospace and technology firm Paramount Group to manufacture armoured vehicles in the country. The stock gained 4.05 per cent to Rs 612 apiece on the BSE. On the NSE, it rose by 4.12 per cent to Rs 612.85. In afternoon trade, the benchmark 30-share Sensex was up nearly 180 points at over 49,922 points. Bharat Forge has inked a pact with Paramount Group to manufacture armoured vehicles in the country. This collaboration brings together the manufacturing and technology excellence of two leading companies, which have matching synergies and complementary capabilities. The Kalyani M4 is a fantastic new generation vehicle, and we want to position it as the future of protection in all markets world-wide, Bharat Forge Deputy Managing Director Amit Kalyani said on Monday. ....