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Bharat Forge, Elbit establish Indian defence JV

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Reuters Delhi, India
Last Updated : Feb 08 2013 | 12:15 AM IST

JERUSALEM (Reuters) - Indian auto components maker Bharat Forge and Israeli defence contractor Elbit Systems said on Thursday they were forming a joint venture to supply advanced artillery and mortar systems to the Indian military.

The joint venture will offer solutions in Elbit's Artillery Guns & Mortar segment and roll out a range of products such as the Advanced Indian Gun System, the companies said in a statement.

The venture "will address Indian defence requirements with operationally proven systems from Elbit Systems that have been customised and adapted for Indian conditions ... for end-to-end solutions for artillery systems and armored vehicles upgrades established by Bharat Forge recently in India," said Baba Kalyani, chairman and managing director of Bharat Forge.

(Reporting by Steven Scheer)

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First Published: Feb 07 2013 | 3:42 PM IST

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