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Bharat Forge Limited and Paramount Group Ink Collaboration Agreement

Our Bureau - : Feb 16, 2023 - : 3:11 am

Bharat Forge and Paramount Group have entered into a Memorandum of Understanding (MoU) for the development and production of composite rotor blades, mission systems and stores management systems for Medium Lift Helicopters at the ongoing airshow.

Guru Biswal, CEO-Aerospace Division, Bharat Forge said the MoU with Paramount is a testimony of Bharat Forge’s commitment to create technologies that are niche and shall support Indian and Global requirements. “This collaboration will focus on creating the ‘Centre of Excellence’ for design, development and manufacture of Composite Rotor Blades, Mission Systems and Stores Management systems for Rotary Wing platforms, in India. This design and manufacturing hub shall support all future programs for both India and across the globe.”

“Our global partnership with Bharat Forge has grown from strength to strength over the last few years. We are excited to expand our collaboration into the aerospace sector. We have confidence that this initiative will leverage the unique synergies of our joint capabilities to meet the requirements for these systems for Medium Lift Helicopters in India and across the globe,” said Clifford Dewell, SVP, Paramount Group.

Paramount has delivered Mission Systems and Stores Management systems to several defence forces, including the South African and Algerian Air Forces.

Photo Caption: (L to R) Amit Kalyani (Deputy Managing Director, Bharat Forge Ltd.), Guru Biswal (CEO – Aerospace Business Division – Bharat Forge), Clifford Dewell (SVP, Paramount Group).

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