Press Releases

Year 2020

5th February,
Bharat Forge signs an MOU with DASTAN, KYRGYZSTAN, to work on technologies for Underwater Naval Weapons

Bharat Forge Ltd., the world’s leading technology solutions provider signed a Memorandum of Understanding with DASTAN Corp., Kyrgyzstan, engaged in development of Torpedoes with advanced homing heads for Shipborne & Submarine platforms, used by Indian Navy. Both firms are coming together for joint upgradation of CET-65E Torpedoes and to participate in jointly identified and mutually agreeable opportunities and programs related to the underwater weapon systems/Product in India and other territories.

Speaking on the occasion, Mr. Baba Kalyani, Chairman, Kalyani Group said, “We are very excited to enter the marine business segment. This collaboration brings together the manufacturing and technology excellence of two leading companies. We are looking forward to spread our foot print in this segment while working under the policy of ‘Make in India’”.

Speaking on the occasion, Mr. Talaybek Temiraliev, President, DASTAN Corp. said, “In September 2019, DASTAN Corp., and Bharat Forge Ltd. decided to collaborate for joint naval trials of new homing systems for CET65 and TEST71 torpedoes that are presently in use by the Indian Navy. The Stage-I of this project has been successfully completed at DASTAN Corp. and in February to March 2020 we plan to proceed to the Stage-II that is to carry out environmental naval field tests in the Indian Ocean. We are hoping that successful results of these trials will enable us to carry out upgradation of all CET65 and TEST71 articles in operation with Indian Navy.”

About Bharat Forge Bharat Forge Limited (BFL) is the flagship company of the USD 3 billion Kalyani Group and a global provider of high performance, innovative, safety & critical components and solutions to various industrial sectors including Automotive, Railways, Power, Construction & Mining, Defence, Aerospace, Marine and Oil & Gas. In its Defence profile, Bharat Forge has expertise in design, development, engineering and manufacturing in systems and sub-systems space for Artillery Guns, Armored Fighting Vehicles, Protected Vehicles, Ammunition, Defence Electronics and Small Arms.

About DASTAN DASTAN Transnational Corporation Open Joint-Stock Company (DASTAN TNC OJSC, established originally in 1956 as PHYSPRIBORY Plant, Plant for Production of Physical Measuring Instruments) is one of the leaders in the CIS and EAU countries of the former USSR in the field of development and production of the naval armament and submarine technical facilities intended for special application.

For more than 60 years of its existence, the Plant has been designing and supplying for the Armed Forces of the former USSR Navy many types of the torpedo armament and tens of different kinds of the homing systems as well as the influence exploders, telecontrol systems, special measuring instruments to them and tens of diverse kinds of the homing systems as well as the influence exploders. For a period of many years these systems have been dominating at the world armament market providing a parity against the potential enemies.