France based global Aerospace, Defence, and Security leader
Safran and India’s leading auto components company, Bharat Forge recently
announced the start of a long-term partnership to supply critical high integrity
forged and machined components, for commercial aircraft applications to
Safran’s global affiliates. The first step of this partnership was a Purchase
Order issued by Safran.
According to a press release, over the past 18 months,
Safran and Bharat Forge have successfully worked on a demonstrator phase for
initial trial production of critical forgings in a variety of materials
including titanium, nickel based and steel alloys, for aerospace. This success
is the result of intensive engineering and manufacturing collaboration.
Both companies will also seek to explore and address other
opportunities in Indian aerospace for civil and military sectors. According to
Stephane Lauret, CEO, Safran India Private Limited, “This latest development
reflects our two companies’ commitment to expanding our collaboration for the
benefit of our customers in India and abroad.” BN Kalyani, Chairman & Managing Director of Bharat
Forge, added, “The partnership highlights our unwavering commitment to add tangible
value to the vast opportunities offered by the Indian aerospace sector and
confirms our resolve to strengthening our partnership for supplying forged
components to Safran’s global affiliate network.”
Both companies consider this award to be a significant
milestone to cement a strong and
long-term relationship, the release added.
Bharat Forge Limited (BFL) is the flagship company of the
USD 2.5 billion Kalyani Group and a global provider of high performance,
innovative, safety & critical components and solutions to various
industrial sectors including Automotive, Oil & Gas, Power, Construction
& Mining, Aerospace and Rail & Marine. BFL today has largest repository
of metallurgical knowledge in the region and offers full service supply capability to its geographically
dispersed marquee customers from concept to product design, engineering, manufacturing, testing and
validation. At the cusp of a breakout
growth & transformation into an engineering conglomerate through its aggressive foray in capital goods and infrastructure
sectors, BFL is committed to proactively
expedite India’s transformation into a global economic powerhouse.
France based Safran is a leading international
high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security.
Operating worldwide, the Group has
66,300 employees and generated sales of 14.7 billion euros in 2013. Working
alone or in partnership, Safran holds world or European leadership positions in its core markets. The
Group invests heavily in Research & Development to meet the requirements of
changing markets, including expenditures of 1.8 billion Euros in 2013.
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