Embraer signs supply pact with Bharat Forge

AI Summary

Embraer has signed a supply agreement with Bharat Forge for forged raw materials, marking a significant collaboration to enhance supply chain capabilities in the aerospace sector. This agreement represents an important step for both companies in establishing a competitive presence in India's aerospace industry.

Brazilian aerospace corporation on Monday signed a contract with Bharat Forge Limited for the supply of forged raw materials, marking the company's first forged raw material supply contract with an Indian supplier.The fact that Bharat Forge is the first Indian supplier of forged components for Embraer is a proud moment and a testament to the capabilities we have built in the aerospace business, and we thank Embraer for the trust they have placed in BFL, said Amit B Kalyani, Vice Chairman & Joint MD, Bharat Forge, adding that the equipment manufacturer looks forward to growing and adding value to association with Embraer in the coming years.These contracts will enable us to create scale for critical structural components, complementing the scale built in the aeroengine components space, Kalyani noted.The agreement between Bharat Forge and Embraer supports the latter's global supply chain with high-quality forgedproducts. “In line with our supply chain diversification strategy, we view India as a major opportunity. This contract reinforces our plans to create a more resilient and competitive supply chain, as well as our commitment to developing the Indian aerospace industry,” said Roberto Chaves, Executive Vice President of Global Procurement and Supply Chain at Embraer.Embraer is trying to advancing the aerospace ecosystem in India and create long-term value across the entire supply chain. The contract comes at a time when Embraer is steadily expanding its presence in India and maintaining active dialogue with local industry leaders and government stakeholders.