Bharat Forge, HAL ink pact for production of aerospace grade steel alloys
State-owned HAL and Bharat Forge Limited have signed an agreement for development and production of aerospace grade steel alloys.
The Memorandum of Understanding (MoU) was signed at the ongoing Aero India show in Bengaluru on Thursday, the two entities said in a joint statement.
“Hindustan Aeronautics Limited (HAL), Foundry & Forge (F&F) Division, Saarloha Advanced Materials Pvt Ltd (Saarloha) and Bharat Forge Limited (BFL), signed an MoU for collaboration in development and production of aerospace grade steel alloys,” it said.
“Manufacturing of specialty steel would play a significant role in realising the success of national aerospace & defense programmes under ‘Atmanirbhar Bharat’ initiative,” R K Goyal, Director at Saarloha, said.
