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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

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

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