Bharat Forge, Elbit form strategic co-operation in India through a new JVC

MUMBAI: Bharat Forge, the flagship company of the Kalyani Group, and Elbit Systems Land and C4I Ltd, a wholly owned subsidiary of Elbit Systems today announced a strategic co-operation in India through the establishment of a new Joint Venture Company ( JVC), to address the Indian Ministry of Defence and other potential Indian government customers' requirements for advanced artillery and mortars systems solutions.

"The strategic co-operation between Elbit and Bharat Forge will address Indian defence requirements that have been customized and adapted for Indian conditions and armoured vehicles upgrades established by Bharat Forge recently in India," said Baba Kalyani, Chairman and Managing Director of Bharat Forge Limited.

By offering innovative solutions, based on our combined vast operational experience and technological capabilities , the JVC will be a leading supplier to the Indian Ministry of Defence and other potential Indian government customers," said Bezhalel (Butzi) Machlis, Elbit Systems' Executive Vice President - President and CEO Designee, and formerly General Manager of Elbit Systems Land and C4I Division.

Subject to requisite government and regulatory approvals, the JVC will offer solutions in the Artillery Guns & Mortars segment, it said in a statement. The JVC will bring together Elbit Systems' cutting edge technology and system integration capabilities and Bharat Forge's capabilities in the areas of design, engineering, manufacturing, testing and validation.