
Bharat Forge’s arm forms joint venture in Spain for defence collaboration
(20 second reading) Bharat Forge Limited said its wholly owned subsidiary, Kalyani Strategic Systems Limited (KSSL), has entered into a JV agreement with Spain-based Duma Engineering Group S.L. (DUMA) to establish a new defence-focused joint venture company in Spain.
The JV aims to develop technology, product platforms, and solutions catering to the defence needs of India, Europe, and select export markets.
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