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The company will supply forged raw materials, reinforcing Embraer's strategy of expanding and diversifying its global supplier base
Embraer and Bharat Forge Limited today announced the signing of a contract for the supply of forged raw materials. This agreement represents Embraer's first forged raw material supply contract with an Indian supplier and marks an important milestone in strengthening the partnership between the two companies.
The agreement supports Embraer's global supply chain with high quality forged products and reinforces the company's strategy of expanding and diversifying its supplier base, while fostering industrial capabilities in key growth markets.
"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.
Amit B Kalyani, Vice Chairman & Joint MD, Bharat Forge Limited commented, "The fact that BFL 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. We look forward to growing and adding value to our 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."
This first supply contract signed with an Indian company reflects Embraer's commitment to advancing the aerospace ecosystem in India and creating long term value across the entire supply chain. It also comes at a time when Embraer is steadily expanding its presence in the country and maintaining active dialogue with local industry leaders and government stakeholders.
