Paramount a broadening of its development and manufacturing partnership with Indian industrial conglomerate, Bharat Forge Ltd. and Kalyani Strategic Systems, to produce a wider range of armoured vehicles in India for Paramount's global customers. The existing industrial partnership between Paramount and India-based engineering and technology conglomerate Bharat Forge Ltd. and its subsidiary, Kalyani Strategic Systems, has to date resulted in the successful development and produce on of large volumes of the locally-made KM4 armoured vehicles for the Indian Army. Announced at the London-based Defense and Security Equipment International Conference (DSEI 2023), the companies are looking to leverage the strong industrial capabilities and engineering excellence of the Kalyani Strategic Systems to develop and manufacture armored vehicles for Paramount's global customers, in step with Paramount's continued global expansion and produce on strategy.