BENGALURU. Bharat Forge and AMG Partners, US on February 21 entered into a new partnership agreement for a world-class manufacturing operations in India.
This new collaboration is formed to invest in new and advanced technologies in potential spheres of the Defence and Aerospace domain.
AMG Partners and Bharat Forge will work to identify global advanced manufacturing technologies for the purpose of joint development, licensing and world-class manufacturing operations in India.
“We are excited about our collaboration with AMG Partners and look forward to investing in and bringing advanced manufacturing of Aerospace and Defence technologies in India. We are looking forward to contributing to the Make in India initiative of our Hon’ble Prime Minister,” said Rajinder Singh Bhatia, President & CEO (Defence & Aerospace), Bharat Forge Limited.
AMG Partners Founder Shirish Pareek said: “I have been very impressed with the vision of Bharat Forge and their focus on being an advanced defence manufacturing leader. We are honoured to be supporting them.”
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, Defence, Construction & Mining, Aerospace, Marine and Oil & Gas.
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.
AMG Partners, founded by Shirish Pareek is an Advisory, Consulting and Investment firm focused on rapidly expanding Advanced Manufacturing space through providing strategic advisory and consulting services to Blue-chip companies world-wide and through buyouts of and growth equity investments in highest potential Advanced Materials, Precision Manufacturing, Additive Manufacturing, Connected Hardware/ IoT, Shop Automation and Robotics, and Quality & Testing companies.
AMG is active in several industrial sectors including Aerospace and Defence, Medical Devices, Automotive, Automation and Speciality Manufacturing.