Global aerospace and technology company, Paramount Group and India based engineering & technology conglomerate, Bharat
Forge Limited, announced a cooperation that will see them join the
technologies, capabilities and expertise of both groups in order to manufacture
armoured vehicles in India.
An agreement to this effect was signed by
both companies during the International Defence Expo (IDEX 2021) held in Abu
Dhabi.
The Kalyani M4 is a multi-role platform,
designed to meet the specific requirements of armed forces for quick mobility
in rough terrain and in areas affected by mine and IED threats. It offers best
in-class levels of ballistic and blast protection - up to 50kg TNT side blast
or IED/roadside bombs due to its innovative design, built on a flat-floor monocoque
hull.
It is intended that the ‘Kalyani M4’ will
see service with the Indian Armed Forces in the very near future. The Kalyani
M4 successfully completed a series of extreme vehicle trials in some of the
toughest environments in India.
Amit Kalyani, Deputy Managing Director,
Bharat Forge Ltd said, “We are very pleased to partner with Paramount Group.
This collaboration brings together the manufacturing and technology excellence
of two leading companies, which have matching synergies and complementary
capabilities. The Kalyani M4 is a fantastic new generation vehicle, and we want
to position it as the ‘future of protection’ in all markets world-wide.”
Ivor Ichikowitz, Chairman of Paramount
Group stated, “All of our technologies have been developed with portable
production in mind. We believe this model of world-beating innovative
technology is fundamental to enhancing
any country’s contemporary defence, and technology capabilities. The Kalyani M4
is based on one of our flagship armoured vehicles designed specifically for
in-country production in India with our partners the Kalyani Group. We are
proud that it will be made in India.”
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