Bharat Forge
Private Company (Bombay Stock Exchange BSE & NSE) | |
Industry |
Forging Metals Machinery Engineering |
Founded | in 1961 by Dr.N.A. Kalyani |
Headquarters | Pune, Maharashtra, India |
Key people | Baba Kalyani Chairman |
Products |
front axle assembly and components general engineering equipment hydraulic and mechanical presses bandsaw machines for cutting metallic rounds couplings and material handling equipment |
Revenue | ₹74846.5 million (US$1.1 billion) (2015)[1] |
Website | www.bharatforge.com |
Bharat Forge Limited (BFL), is a Pune-based Indian multinational company involved in automotive, power, oil and gas, construction & mining, locomotive, marine and aerospace industries.
The company was founded by Nilkanthrao Kalyani in 1961. The current chairman of the company is his son, Baba Kalyani. It is part of the Kalyani Group, which is a USD 2.5 billion conglomerate with 10,000 global work force.
Bharat Forge has signed a Joint Venture with France-based power generation company Alstom for turbines and generators. The Alstom holds 51% of the shares and Bharat Forge 49% in the joint venture. Alstom Bharat Forge Power Ltd also has started its manufacturing facility at Sanand in Gujarat.[2]
In 2015, Bharat Forge had total sales of over US$ 1.3 Billion and has a market capitalisation of over US$4.5 billion. It was rated as one of the best companies in Asia by the Forbes magazine because of its high growth rate.
SEZ- Bharat Forge's Special Economic Zone (SEZ) named as Khedcity[3] is the biggest SEZ in Pune spread over 1,000 hectares (4200Acre) of notified land in Khed taluka.[4][5]
References
- ↑ "Bharat Forge FY 2015 results - http://www.moneycontrol.com/ Business". http://www.moneycontrol.com/. External link in
|publisher=, |title=
(help) - ↑ "Alstom Bharat Forge Begins Production at Gujarat Plant".
- ↑ "Khed City Official Site".
- ↑ ET Bureau (28 April 2010). "Bharat Forge plans to start marketing Khed SEZ". The Economic Times (India).
- ↑ Biswas, Partha Sarathi (24 January 2013). "New industrial policy unlikely to increase housing stock". The Indian Express.