Bharat Forge Ltd signs MoU with Paramount group at Aero India 2023
Bharat Forge Ltd (BFL) and global aerospace and technology company, Paramount Group have signed a Memorandum of Understanding (MoU) for the development and production of Composite Rotor Blades, Mission Systems and Stores Management systems for Medium Lift Helicopters at Aero India, an official release stated on Thursday.
Mr Guru Biswal, CEO-Aerospace Division, Bharat Forge said, “This MoU with M/S Paramount is a testimony of our commitment to work for an “Atmanirbhar Bharat”, to create technologies that are niche and shall support Indian and Global requirements.
This collaboration will focus on creating the ‘Centre of Excellence’ for design, development and manufacture of Composite Rotor Blades, Mission Systems and Stores Management systems for Rotary Wing platforms, in India.
