Kalyani family promoted Bharat Forge has received an order worth over Rs 177 cr from the Indian Ministry of Defence. This order which is placed as emergency procurement from the Army is for the supply of Kalyani M4 vehicles.
The vehicle had undergone trials in Ladakh, along with its competitors, in August 2020
This order comes just as the Pune based company ties up with global aerospace and technology company Paramount Group to manufacture armoured vehicles in India.