Statement attributable to Mr. Baba Kalyani, CMD, Bharat Forge

August 9, 2020

“The Kalyani Group welcomes announcement by the honorable Union Minister, Rajnath Singh. This strategic step will accelerate the Atmanirbhar Bharat narrative and bolster Indian defence equipment manufacturing industry. The growth of the domestic industry especially the MSME sector, will lead to self-reliance, reduced expenditure on imports, saving of foreign currency, creating job opportunities, revival of consumption and ultimately getting us closer to the common goal of 5 trillion economy. We are committed and will support the Indian Government achieve the goal.”