India 

Bharat Forge advances in the defence sector with the development of a light tank for the Indian Army and plans for a new factory in Pune, aligning with India's goal of self-reliance in defence. Leveraging internal innovation, the company aims to reduce dependence on imports and position itself as a key player in the global defence export market.

Bharat Forge, a leading name in the industrial landscape, is making significant strides in the defence sector, aligning with the evolving needs of the Indian Army. The company's recent endeavor involves the development of a light tank weighing under 25 tons, catering to the future requirements of the Indian Army. This initiative is part of Bharat Forge's broader focus on defence exports and reducing dependence on imported parts by the year 2030.

One notable aspect of Bharat Forge's approach is its emphasis on leveraging its own intellectual property to innovate and develop new weapons systems. Unlike some other defence companies that rely on external technology for product assembly, Bharat Forge is tapping into its internal resources to drive innovation in the defence sector.

In line with its expansion plans, Bharat Forge is establishing a new factory in Jejuri, Pune district. This facility will be dedicated to producing vehicles like the M4, which has garnered significant interest from the Indian Army. The move signifies Bharat Forge's commitment to meeting the demands of the Indian armed forces while also contributing to the nation's self-reliance in defence capabilities.

With an impressive order book of ₹5,000 crore, 80% of which is attributed to exports, Bharat Forge is poised to emerge as a key player in the defence export market. The development of the light tank not only meets the Indian Army's evolving needs but also presents a substantial opportunity for domestic defence companies to contribute to the nation's defence capabilities.

In conclusion, Bharat Forge's initiatives in the defence sector underscore its commitment to innovation, self-reliance, and meeting the requirements of the Indian armed forces. By leveraging its intellectual property and focusing on domestic production, Bharat Forge is not only strengthening its position in the defence market but also playing a crucial role in bolstering India's defence capabilities.