Press Release.
BHARATFORG · price
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Bharat Forge, through its Aerospace division, has signed an MoU with the Andhra Pradesh Government to establish India's first private-sector Marine Gas Turbine Repair, Overhaul and indigenous Development complex at Visakhapatnam. The facility will be built on ~80 acres within the Andhra Pradesh Defence Manufacturing Corridor, co-located with Naval Dockyard and Eastern Naval Command Headquarters. Phase 1 will deliver a full Marine GT Repair and Overhaul complex with 72-hour turnaround capability for the Naval Dockyard. Phase 2 will establish India's first private-sector Marine GT Development and Assembly Hall for indigenous engine development. The project will create approximately 750 direct and indirect employment opportunities and serve as a regional R&O hub for friendly nation navies.
This MoU marks Bharat Forge's entry into strategic naval propulsion sustainment and indigenous development, aligned with India's Aatmanirbhar Bharat and defence self-reliance goals. The partnership with the Andhra Pradesh government signals long-term revenue visibility from defence contracts and strengthens Bharat Forge's position in the aerospace and defence sector.