Bharat Forge Shares in Focus; Partners with Liebherr and VEDA to Enhance Aerospace, Defence Sector

Bharat Forge forms strategic partnerships with Liebherr to set up a cutting-edge aerospace manufacturing facility and with VEDA Aeronautics to develop unmanned systems for India’s defence sector, enhancing national self-reliance.

Bharat Forge Partners with Liebherr for Aerospace Facility in Pune

Bharat Forge Ltd has announced two significant collaborations to strengthen its aerospace and defence portfolio.

First, in partnership with Liebherr-Aerospace & Transportation SAS, Bharat Forge is setting up a state-of-the-art aerospace manufacturing facility in Pune, India, which will feature advanced technologies like a ring mill for landing gear components and raw material processing.

This collaboration marks a major step toward addressing the global aerospace industry’s growing demands.

Bharat Forge Joins VEDA to Develop UAVs and Boost Defence Capabilities

On the defence front, Bharat Forge has entered into a Memorandum of Understanding (MoU) with VEDA Aeronautics (P) Ltd to develop Unmanned Aerial Vehicles (UAVs) and other high-speed aerial weapon systems.

Bharat Forge will supply micro jet engines for these systems, contributing to India’s defence self-reliance and technological innovation.

The MoU aligns with Bharat Forge’s commitment to Atmanirbhar Bharat and strengthening India’s defence capabilities with indigenously developed technologies.

These collaborations highlight Bharat Forge’s commitment to driving innovation in both the aerospace and defence sectors, as well as its dedication to meeting the evolving demands of global and Indian markets.

Share Price Performance

Bharat Forge Limited’s share price traded at ₹1,069.60 at 9:55 AM on the NSE, reflecting a decline of ₹35.05 or 3.17% from the previous close of ₹1,104.65. The stock opened at ₹1,075 and reached a high of ₹1,085 during the trading session, while the low for the day was ₹1,044.70.

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