Mumbai, Dec. 31 -- The Indian Ministry of Defence (MoD) has awarded Bharat Forge a Rs. 1,661.9 crore contract for supply of 255,128 CQB Carbines (5.56 x 45 mm) to the Indian Army. The contract signed on 30 December2025, sets forth order execution within five years. Since the counter-party of this contract is Indian MoD, the contract is confidential in nature.

Published by HT Digital Content Services with permission from Capital Market....