After artillery guns and combat vehicles, forging giant Bharat Forge is looking to build hovercrafts, thus slated to become the first company to manufacture them in India.
This is also the first time that the Pune-based company is venturing into water-based solutions, having already entered into land and air-based solutions for defence and civilian purposes.
Bharat Forge imported a hovercraft last year for technology absorption, a usual step in research and development process in new product development.Read more…
