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India must emerge as an innovation-driven economy: Baba Kalyani
In this message, on the occasion of India's 78th Independence Day, Baba Kalyani, Chairman & MD of Bharat Forge Ltd, emphasises on India's journey towards becoming a global leader and the manufacturing sector's role in Viksit Bharat 2047.Read more
Kalyani Strategic Systems acquires license for defence manufacturing
KSSL will produce these defence items at its Jejuri unit in Maharashtra.Read more
Budget FY25 Decoded!
With emphasis on infrastructure, skill development, MSMEs, and manufacturing, the FY25 budget aims to drive India’s manufacturing-led expansion and exports. However, there are some missed opportunities as well. SME deciphers the short and long term impact of the budget with industry experts.Read more
Bharat Forge Class-8 truck orders in North America fall to 14-month low
The defence-to-auto component-supplier Bharat Forge has presence in the class 8 trucks market in North America. Bharat Forge late last month had announced an additional investment of $40 million in Bharat Forge America.Read more
ForgeTech India fosters success with innovation, collaboration within forging industry
The Association of Indian Forging Industry (AIFI) successfully concluded ForgeTech India 2023, the country's premier forging industry conference and exhibition, on November 5, 2023. Read more
Tesla turns to Made In India parts, diversifies suppliers from China
Key players in this supply chain include Sona Comstar, the largest Indian supplier for Tesla, along with Graziano Trasmissioni India (a DANA group company), Tata AutoComp Systems, CISWW Engineering India, and Bharat Forge.Read more
AIFI to host ForgeTech 2023 in Pune for Indian forging industry
Baba Kalyani, MD, Bharat Forge, will be presenting the keynote address at the event, which will be organised by the Association of Indian Forging Industry (AIFI) from Nov 3-5, 2023.Read more
Indian auto component exports at risk amid UAW Strike in the US
Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.Read more
Ramakrishna Forging with Titagarh Wagons remains lowest bidder for manufacturing 80,000 forged wheels
In a tender issued by Indian Railways in September 2022 for the production of 80,000 forged wheels every year for 20 years, Ramkrishna Forging Consortium with Titagarh Wagons Limited remains the lowest bidder with quoted Rs 12,226 crore. The company anticipates a business volume of over Rs 15,000 crore with the new production facility. Read more
PM Modi inaugurates Asia’s largest aero show - Aero India 2023 at Bengaluru
Aero India 2023, five days event spanning from Febuary 13 to 17, is going to witness participation from 98 countries with 32 Defence Ministers and 73 CEOs of global and Indian OEMs showcasing their aerospace and defence capabilities.Read more