Under the MoU, the two companies will evaluate setting up a dedicated production centre in India and a Strategic Alliance/Joint Venture covering a range of FN Herstal defence solutions for the Indian market. The proposed cooperation will span small arms, integrated weapon systems and C-UAS solutions.
The partnership brings together Kalyani Strategic Systems Ltd’s six decades of Indian advanced engineering and technology-led manufacturing at scale with FN Herstal’s more than 135 years of global leadership in small arms and integrated weapon systems.
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The initiative is aligned with the Government of India’s Make in India policy and is aimed at building capability in India through local manufacturing, technology cooperation and value creation.
The companies said the cooperation will support greater domestic participation in defence procurement programmes and strengthen India’s defence industrial base.
For the Indian armed forces, the partnership is intended to provide long-term security of supply and greater strategic autonomy in systems central to operational readiness.
Amit Kalyani, Vice Chairman and Joint Managing Director, Bharat Forge Ltd, said, “Kalyani Strategic Systems (KSSL) is proud to partner with FN Herstal to bring world-class technology, products, and manufacturing expertise to India.
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By combining FN Herstal’s globally respected portfolio and decades of experience with KSSL’s engineering excellence and industrial scale, we are creating a strong platform to deliver advanced defence solutions from India – for India and global markets.
Together, we aim to support India’s defence modernisation through locally manufactured, globally leading products while strengthening indigenous capabilities and advancing the vision of Aatmanirbhar Bharat.”
Under the terms of the MoU, the parties will jointly explore and assess the feasibility of potential cooperation projects aimed primarily at meeting the requirements of the Indian market.
Julien Compere, Chief Executive Officer, FN Browning Group, said: “India is a strategic partner for FN Herstal, and we are proud to take this important step with Kalyani Strategic Systems.
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This agreement reflects a shared ambition: to combine FN Herstal’s proven defence solutions, trusted by the world’s most demanding armed forces, with KSSL’s outstanding industrial capabilities to help build long-term sovereign capacity for the Indian Armed Forces.
Together, we are committed to supporting the objectives of Make in India through local manufacturing, technology cooperation and the development of advanced defence capabilities, creating lasting value for India, its armed forces and our two companies.”
Shares of Bharat Forge Ltd ended at ₹1,987.00, down by ₹37.05, or 1.83%, on the BSE.
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