Bharat Forge wins ₹425cr contract for Kolkata-class 1.25 MW generators
Bharat Forge just scored a ₹425 crore contract to supply new gas turbine generators for the Indian Navy's Kolkata-class warships.
These upgraded 1.25-megawatt generators will boost on-board power and mark Bharat Forge's first step into marine gas turbine tech, with deliveries planned over five years.
KSSL partners with AM General
This deal is a big win for Make in India, helping the Navy rely more on homegrown tech.
Meanwhile, Bharat Forge's defense arm KSSL is teaming up with U.S.-based AM General to develop next-generation artillery and recently showed off its new Simha 4x4 light armored multi-purpose vehicle along with Paramount.
Investors are clearly impressed: Bharat Forge's stock jumped 5% and 0.8% in the last two weeks, showing strong confidence in its future growth.