Kalyani Group announced its partnership with global defence technology and manufacturing companies to create indigenous products and endorse ‘Make in India’ initiative.
Bharat Forge Ltd (BFL), Kalyani Group’s flagship company signed a (MOU) with General Atomics, US, manufacturer of a diverse portfolio of electromagnetic and advanced power and energy technologies. Under the terms of the MOU, BFL and General Atomics’ Electromagnetic Systems Group (GA-EMS) will investigate opportunities to develop and integrate power generation, storage, control and distribution technologies related to surface and undersea naval platforms, and advanced projectiles for weapon system platforms to address Indian defence requirements.
BFL also signed a MoU with DASTAN, Kyrgyzstan, engaged in development of Torpedoes with advanced homing heads for Ship-borne and Submarine platforms, used by Indian Navy. Both firms are coming together for joint up-gradation of CET-65E Torpedoes and to participate in jointly identified and mutually agreeable opportunities and programs related to the underwater weapon systems/product in India and other territories.
Another MoU is signed with Thales to develop the F90 rifles which will serve the defence and law enforcement sectors in India and abroad. This cooperation is a testament to the ‘Make in India’ initiative of the Indian government and paves the way to a potential licensing agreement.
Kalyani Strategic Systems, the defence arm of Pune-based Kalyani Group and Arsenal which is a Joint Stock Company from Bulgaria, signed a MoU to form a strategic alliance in India for manufacturing small arms and ammunition. KSSL and Arsenal will be aggressively developing a manufacturing capability in India for the ‘AR’ 7.62 x 39mm Assault Rifle and ‘MG’ 7.62 x 51mm Machine Gun series.