F&F HAL, Saarloha & Bharat Forge have signed a Memorandum of Understanding for development and production of aerospace grade steel alloys at Aero India. This MoU also accentuates development, certification & prove out and application of new material for use in production of aircrafts, engines, and accessories. F&F HAL’s Executive Director Mr MS Venkatesh said that “The development of Aerospace grade raw materials in the Country will help HAL in maintaining its commitment to Armed forces and will also reduce nation's dependency on foreign OEM's with respect to raw materials.” There are very few equivalent approved &qualified domestic suppliers for various types of Aerospace grade steel alloys used in Aircraft applications. Due to this such alloys are getting imported which creates dependency on foreign steel, manufactures. Hence, accelerated efforts are needed to develop and manufacture such steel alloys in India through collaboration. The usage of such specialty alloys in Aerospace is going to increase multifold, especially in fighter Aircrafts & Helicopters. This indigenization initiative could also pave the way for the increased utilization of 'Make in India' steels in other related sector such as space & defense.