Bharat Forge Ltd (BHARATFORG)
Press Release
Thales and Kalyani Strategic Systems Limited (KSSL) signed a Strategic Alliance Agreement to establish advanced industrial capability for 70-mm rocket systems in India.
- Partnership combines Thales' combat-proven rocket technologies with KSSL's manufacturing and testing capabilities.
- Agreement includes technology transfer, local production, and distribution of unguided and laser-guided 70-mm rocket systems.
- Aims to develop a robust local supply chain and position India as a manufacturing and export hub.
- First fully assembled rocket in India targeted for early 2027.
Source: Original filing PDF
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