Kalyani Group Bags $155 Million Deal To Export Made-In-India Artillery Gun Systems To Foreign Buyer

Pune-based defence major Kalyani Group has bagged a deal to supply made-in-India artillery guns to a foreign customer.

Under the export order worth $155 million, the Kalyani Group will supply an unknown number of 155mm artillery guns in three years.

The announcement comes just weeks after the conclusion of the 2022 Defexpo in Gandhinagar, where Baba Kalyani, Chairman of Kalyani Group, said that the company would set up the world's largest artillery manufacturing facility in India. The new plant, he said, would produce one artillery gun a day. The company currently builds six guns in 30 days.

"We [the Kalyani Group] are in the process of setting up the world's largest artillery manufacturing capacity. In three years from now, we will produce one gun per day," Kalyani has been quoted as saying.

Bharat Forge, a subsidiary of the Kalyani Group, has recently supplied M4 armoured vehicle to the Indian Army. Kalyani's M4 is a license-built version of Mbombe 4 developed by South Africa's Paramount Group.

The Advanced Towed Artillery Gun System or ATAGS, a 155-mm, 52-calibre artillery gun currently undergoing trials, has been jointly developed by the Defence Research and Development Organisation with Bharat Forge of the Kalyani Group and the Tata Advanced Systems Limited.

The deal comes at a time when the Narendra Modi government has set a target to achieve defence exports worth $5 billion and an overall turnover of $22 billion in production by 2025.

In 2021-22, India exported defence equipment worth $1.59 billion or 13,000 crore. The country has registered defence exports worth Rs 8,000 crore in six months of the current financial year.