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The company has received the order from the Indian Army for protected vehicles under emergency procurement, Bharat Forge said in a regulatory filing.
On Monday, the Pune-based firm had inked a pact with global aerospace and technology firm Paramount Group to manufacture armoured vehicles in the country.
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 improvised explosive devices (IED) threats.