Bharat Forge Secures ₹2,770 Cr Carbine Order, Fuels Defence Expansion

• Bharat Forge will receive 60% of the ₹2,770 crore order for 4.25 lakh close-quarter carbines, boosting India's indigenous defence efforts.
• The carbines are indigenously designed and developed in partnership with ARDE under DRDO, demonstrating India's global competitiveness.
• Production will ramp up at a dedicated facility in Jejuri near Pune, with scalable capacity to improve Indian Army maintenance and logistics.
• The company plans to explore overseas markets and is investing in drones, UAVs, anti-drone systems, naval guns, and indigenous ship propulsion.
• Bharat Forge's defence order book is ₹10,000 crore, projected to reach ₹12,000–14,000 crore by FY26, with potential benefits from SPICE 1000 kits.

Why It Matters: Bharat Forge's carbine contract propels its defence sector growth, emphasizing indigenous tech and global ambitions.