Balu Forge Industries Joins NATO Supply Chain for Artillery Components
Balu Forge Industries Ltd has been inducted into the NATO supply chain to produce high-specification artillery shell bodies and forged defense components for member states, marking a significant step in India's defense manufacturing sector. The company employs advanced closed-die forging and CNC machinery, enhancing its capabilities in the global artillery and advanced ammunition markets. Following the announcement, Balu Forge's shares rose by 8.78% to ₹387.30.
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Balu Forge Industries Ltd has been inducted into the NATO supply chain to manufacture high-specification artillery shell bodies and forged defence components for NATO member states. This certification signifies the company's entry into the global artillery and advanced ammunition markets, enhancing India's role in defence manufacturing.
Balu Forge utilizes closed-die forging processes and advanced CNC machinery to produce precision components, supported by integrated operations that include forging, machining, heat treatment, and metallurgical validation. The company's shares rose 8.78% to ₹387.30 following the announcement.
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