# Bharat Forge invests $29M in defence ammunition facility

> Bharat Forge pours $29M into defence ammunition facility to boost local production.
- Title: Bharat Forge invests $29M in defence ammunition facility
- Summary: Bharat Forge pours $29M into defence ammunition facility to boost local production. Bharat Forge invests $29M in Kalyani Strategic Systems Ltd to build…
- Keywords: bharat forge, kalyani strategic systems ltd, agneyastra energetics ltd, defence, ammunition, india, local production, startups, business, Bharat, Forge, invests
- Source: Dealroom — https://dealroom.co/news/163709-bharat-forge-pours-29m-into-defence-arm-to-build-ammunition-facility
- Published: 2026-10-18T20:53:29+00:00
- Read time: 1 min
- Topics: bharat forge, kalyani strategic systems ltd, agneyastra energetics ltd, defence, ammunition, india, local production, startups, business
## Investment details
Bharat Forge will invest US$32.6M in its defence subsidiary Kalyani Strategic Systems Ltd.
## Facility setup
KSSL channels up to US$22.1M into Agneyastra Energetics Ltd to build ammunition filling facility.
## Timeline and purpose
AEL must complete facility by September 30, 2027 to support Bharat Forge's defence order book of US$1.52B.
## Key takeaway

Bharat Forge invests $29M in Kalyani Strategic Systems Ltd to build ammunition facility for domestic production.