In March 2023, the Ministry of Defence approved the Acceptance of Necessity (AoN) for acquiring the 155mm/52cal Advanced Towed Artillery Gun System (ATAGS) and associated Gun Towing Vehicles (GTVs) for the Indian Army. The project aligns with India’s efforts to bolster its defense capabilities.
Bharat Forge Limited has successfully completed the technical evaluation and commercial bid process. The company is now in the contract negotiation phase with the Ministry of Defence, aiming to finalize the agreement by the end of the current financial year, FY25.
The ATAGS is a next-generation artillery system designed to enhance the firepower of the Indian Army. Its advanced specifications, including 155mm caliber and 52-caliber length, offer superior range and accuracy.
Bharat Forge Limited, headquartered in Pune, is a leading global technology and manufacturing company. With 18 manufacturing facilities across five countries, the company caters to multiple sectors, including automotive, power, oil & gas, rail, defense, and aerospace. Its expertise spans from product design to testing and validation, making it a trusted partner for marquee clients worldwide.
Bharat Forge has assured timely updates on the conclusion of the negotiations. The company’s involvement underscores its commitment to advancing India’s self-reliance in defense manufacturing.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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