BHARATFORGNSEBharat Forge Limited· Castings/ForgingsHighPositive
Announced Mon, 27 Apr · 09:20 IST

Bharat Forge Limited has informed the Exchange regarding a press release dated April 27, 2026, titled "VRDE (DRDO) and Bharat Forge Flag-off Vikram VT 21: Co-created Advanced Armoured Platforms, Battle-ready in under three years".

Regulatory Product ApprovalGovt Defence OrderBusiness Updates View source PDF

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AI summary

Bharat Forge and DRDO's VRDE have flagged off the Vikram VT 21, comprising two advanced armoured platforms (wheeled and tracked). The project was developed under the Development Cum Production Partner (DCPP) model, involving Bharat Forge, its subsidiary Kalyani Strategic Systems, Tata Advanced Systems, and MSMEs. The wheeled platform went from concept to combat-ready in under three years. Both platforms have cleared the Technical Evaluation Committee (TEC) for WH-AFV and FICV of the Ministry of Defence, making them eligible for Indian Army procurement and potential global exports.

Likely market impact

The successful development and TEC clearance represents a significant milestone for Bharat Forge's defence business, positioning the company for potential orders from the Indian Armed Forces and export opportunities. No specific order value or timeline was disclosed.