Bharat Forge Limited has informed the Exchange regarding a press release dated September 11, 2025, titled "Bharat Forge and Windracers announce strategic MoU to advance UAV operations in India at DSEI UK 2025".
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Bharat Forge has signed a strategic Memorandum of Understanding (MoU) with Windracers, a UAV (unmanned aerial vehicle) company, to advance drone operations in India. The partnership was announced at DSEI UK 2025, a major international defence and security exhibition. This move signals Bharat Forge's entry or expansion into the UAV and defence technology space. The collaboration is expected to bring Windracers' UAV expertise to the Indian market with Bharat Forge's local manufacturing and defence capabilities. The partnership aligns with India's growing focus on defence indigenization and unmanned systems.
This is a positive strategic development that could expand Bharat Forge's revenue streams beyond traditional auto and defence components into the high-growth UAV/drone segment. Short-term stock impact may be modest, but it strengthens the company's long-term positioning in India's defence modernization story.