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Bharat Forge Ltd, through its Aerospace Division, has signed a Memorandum of Understanding (MoU) with FLYING WHALES, a French-Canadian global pioneer in heavylift airship technology, to jointly develop, manufacture and field, advanced airships for India's defence and strategic operational requirements.
The partnership marks a decisive step towards building an indigenous airship ecosystem in India, aligned to the Government's Aatmanirbhar Bharat and Make in India initiatives. The two companies will work towards establishing in India the manufacture, integration and production of FLYING WHALES-Bharat
Forge airships for Defence applications, creating sovereign capabilities in a strategically important aerospace segment.
At 12.32 pm, Bharat Forge Ltd was trading at Rs. 2,187.75, down by 0.68%, with a volume of 0.15 lakh shares on the BSE.
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