MoU19 May 2026, 12:04 pm
Bharat Forge Signs MoU for Marine Gas Turbine Facility in Andhra Pradesh
AI Summary
Bharat Forge has signed an MoU with the Andhra Pradesh government to establish India's first private-sector Marine Gas Turbine (MGT) Repair, Overhaul, and indigenous Development complex at Visakhapatnam. The facility, located within the Andhra Pradesh Defence Manufacturing Corridor, will span approximately 80 acres. Phase 1 will focus on repair and overhaul, while Phase 2 will establish a development and assembly hall for indigenous Marine Gas Turbines. The project aims to enhance India's naval self-reliance and create around 750 direct and indirect jobs.
Key Highlights
- Bharat Forge to establish a private-sector Marine Gas Turbine facility in Visakhapatnam.
- The facility will support the Indian Navy's propulsion sustainment and reduce reliance on foreign suppliers.
- The project is aligned with the Aatmanirbhar Bharat initiative for self-reliance in defence.
- The facility is expected to create approximately 750 direct and indirect employment opportunities.
- The MoU was signed in the presence of key government officials, including the Raksha Mantri.