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Promotion at London Heathrow. Seems like Modi is spending lots of money. How much of it will pay off remains to be seen!
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And Kazakhstan is seeking JVs with us.Bharat Forge Arm Forms JV with Rafael Advanced Defense Systems
NEW DELHI: Auto component major Bharat Forge arm Kalyani Strategic Systems today entered into a joint venture partnership with Israel's Rafael Advanced Defense Systems to bid for defence programs in India, including infantry combat vehicle BMP II upgrade.
The joint venture company Kalyani Rafael Advanced Systems Pvt Ltd will look to address programs in relation to BMP II upgrade, tactical control systems, other advanced systems and other such programs floated or to be floated by the Ministry of Defence, Bharat Forge said in a BSE filing.
The company, however, did not share details of the JV such as stake holding between the partners.
Bharat Forge has been a key supplier of components to the Indian defence establishment for over 30 years. It has stated that it would focus on capturing opportunity arising out of Make in India initiative of the government through supply of critical components in both defense and aerospace sector.
Rafael develops and manufactures advanced defense systems for the Israeli defense forces and the defense establishment, as well as for foreign customers around the world. It is among the top defence firms in Israel.
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Atleast he is spending money to create a positive image of the country and bring in huge amounts of investments, which went down due to con-party and leftist / secular loot of the country, unlike italian maffia swindeling everything into their coffers!
Promotion at London Heathrow. Seems like Modi is spending lots of money. How much of it will pay off remains to be seen!
Sent from my MI 3W using Tapatalk
Not gonna happen mate when fundamentals are wrong.Atleast he is spending money to create a positive image of the country and bring in huge amounts of investments, which went down due to con-party and leftist / secular loot of the country, unlike italian maffia swindeling everything into their coffers!
Already posted in Indian Air Force News & Discussions.Indo-Russian Kamov Chopper JV May Have Bharat Forge as Likely Contender to Make Engines
Turbomeca Arrius 2G1 Engine powers the Kamov Ka-226T Light Helicopter
NEW DELHI: An Indo-Russian joint venture to produce a new series of light military choppers in India is likely to rope in at least one private sector partner for the $1-billion project, with Pune based Bharat Forge emerging as a likely contender to manufacture engines.
With talks on the joint production of over 200 Kamov Ka 226 chopper progressing after an agreement was inked during PM Narendra Modi's visit to Moscow in December, officials have said that there is scope for one or two private sector companies to contribute.
A senior team from Russian Helicopters is currently in New Delhi to sort out technical and financial aspects of the deal which will provide the army much-needed light choppers for operations in high altitude areas like the Siachen glacier where antiquated aircraft like the Cheetah helicopters are still operating.
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