Bharat Forge Share Price in Focus as Company Flags Off Vikram VT 21 Armoured Platforms

Bharat Forge Limited has announced the flag-off of Vikram VT 21, an advanced armoured platform developed in collaboration with Defence Research and Development Organisation (DRDO) and other industry partners.

The development marks a significant milestone in India’s defence manufacturing ecosystem, showcasing rapid execution and collaboration between public and private sector entities.

Vikram VT 21: Key Highlights

The Vikram VT 21 project involves the development of two advanced platforms:

• Advanced Armoured Platform – Wheeled (AAP-Wh)
• Advanced Armoured Platform – Tracked (AAP-Tr)

These platforms have been co-developed by:

• Vehicle Research and Development Establishment (VRDE) under DRDO
• Bharat Forge Limited
• Tata Advanced Systems Limited
• Supported by multiple MSMEs

Notably, the wheeled variant progressed from concept to a combat-ready platform in under three years, highlighting accelerated development capabilities.

Strategic and Defence Significance

The project reflects the success of the Development Cum Production Partner (DCPP) model, which integrates DRDO’s R&D expertise with industry-scale manufacturing.

The platform has already:

• Cleared the Technical Evaluation Committee (TEC)
• Positioned itself for Future Infantry Combat Vehicle (FICV) programs
• Demonstrated adaptability for both Indian Armed Forces and global export markets

The system integrates a rugged vehicle chassis with advanced unmanned turret technology, representing a leap in indigenous defence manufacturing.

Role of Subsidiary

Kalyani Strategic Systems Limited, the wholly owned defence arm of Bharat Forge, continues to play a central role in driving defence initiatives and expanding the company’s footprint in strategic sectors.

Bharat Forge Share Price Performance

As of April 27, 2026 (12:24 PM), Bharat Forge shares were trading at ₹1,900.60, up ₹44.60 (2.40%) from the previous close of ₹1,856.00.

Read More: Nifty Financial Services Index Falls 68 Points on Apr 27, 2026; Private Banks Weigh on Performance.

Conclusion

The unveiling of Vikram VT 21 highlights Bharat Forge’s growing capabilities in advanced defence manufacturing and its alignment with India’s self-reliance goals. The project underscores the increasing role of private sector participation in strategic defence programs while reinforcing long-term growth potential in the segment.

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