Bharat Forge Limited (BFL) and Paramount Group have signed a Memorandum of Understanding (MoU) for the development and production of composite rotor blades, mission systems and stores management systems for medium lift helicopters. The MoU was signed by Mr. Guru Biswal (CEO – Aerospace, Bharat Forge) and Mr. Clifford Dewell (SVP, Paramount Group) in the presence of Senior officials from both companies.
About Bharat Forge: Bharat Forge Limited is the flagship company of the USD 3 billion Kalyani Group and a global provider of high performance, innovative, safety & critical components and solutions to various industrial sectors including Automotive, Railways, Power, Construction & Mining, Aerospace, Marine and Oil & Gas. BFL has the largest repository of metallurgical knowledge in the region and offers full-service supply capability to its geographically dispersed marquee customers from concept to product design, engineering, manufacturing, testing and validation. At the cusp of a breakout growth & transformation into an engineering conglomerate through its aggressive foray in capital goods and infrastructure sectors, BFL is committed to proactively expedite India’s transformation into a global economic powerhouse.
About Paramount Group: It is a Global Aerospace & Defence group of companies operating in the global defence, internal security and peacekeeping industries. Established in South Africa in 1994, it offers a range of military aircraft, armoured vehicles, maritime systems, equipment and training to governments.