BHARAT FORGE – KSSL PARTNERS WITH FN HERSTAL

Bharat Forge Limited’s wholly owned subsidiary **Kalyani Strategic Systems Limited (KSSL)** has signed a **Memorandum of Understanding (MoU)** with **FN Herstal** to explore local manufacturing and industrial cooperation for India’s defence requirements. 🔹 The partnership will explore setting up a **dedicated production centre in India**. 🔹 The companies will evaluate a potential **Strategic Alliance / Joint Venture**. 🔹 The collaboration will focus on **small arms, integrated weapon systems and Counter-UAS solutions**. 🔹 The initiative aims to strengthen **local manufacturing, technology cooperation and indigenous defence capabilities** under the **Make in India** initiative. 🔹 The partnership could support **long-term security of supply and greater strategic autonomy** for the Indian Armed Forces. 🔹 The proposed cooperation projects will primarily focus on meeting the requirements of the **Indian defence market**. Disclaimer: This information is for informational purposes only and should not be construed as investment advice.