Bharat Forge Limited — Updates, 27-03-2025: Press Release

Bharat Forge Limited has successfully concluded contract negotiations with the Ministry of Defence, securing the largest domestic contract for 184 units of the Advanced Towed Artillery Gun System (ATAGS). This contract represents 60% of the ₹6900 Cr. procurement by the MOD and underscores Bharat Forge's commitment to supporting the government's initiative for Atmanirbhar Bharat in defense. The ATAGS project, developed in collaboration with DRDO, positions Bharat Forge among key players in advanced defense manufacturing. CMD Baba Kalyani lauded this achievement as a significant milestone, highlighting the combined efforts of the Ministry of Defence, Indian Army, and the internal team at Bharat Forge. This contract sets the stage for enhanced opportunities in the defense sector, offering a positive outlook for Bharat Forge as it continues to innovate and expand within this critical market.