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Bharat Forge signs MoU with Tamil Nadu govt to invest Rs 1,000 crore
The MoU is non-binding and at present does not have a material impact on operations of the company, it added.Read more
Bharat Forge clinches coveted CII Industrial Innovation Award 2023
Bharat Forge recognised for pioneering technological advancements across automotive and defence sectors.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
Budget 2023: Revving up manufacturing with duty revisions and capex boost
By allocating Rs 10 lakh crores for capital expenditure (which would be 3.3 per cent of GDP) and making minor changes in the basic custom duties, cesses and surcharges on some components, the budget aims to provide more opportunities for local manufacturing.Read more
Bharat Forge arm JS Auto buys Indo Shell Mould’s Erode unit
The SEZ Unit, with a capacity of 42,000 MTPA, supplies fully machined critical castings to marquee customers in the automotive industry and will operate as the third manufacturing unit of JS Auto.Read more
