Nilkanthrao kalyani biography template

Bharat Forge

Indian multinational forging company

Bharat Forge Headquarters, Pune Cantonment

Company typePublic

Traded as

ISININEA
Industry
Founded19&#;June ; 63 years ago&#;()[1] in Mumbai[2]
FounderNilkanthrao A. Kalyani
HeadquartersPune Chambers,

Pune, Maharashtra

,

India[3]

Area served

Worldwide

Key people

Baba Kalyani(Chairman)
ProductsFront axle assembly & contentedness, general engineering equipment, hydraulic & mechanical presses, bandsaw machines convey cutting metallic rounds, couplings cope with material handling equipment;

Production output

, Mt[4]&#;(FY21)
Revenue₹10, crore (US$&#;billion)[5]&#;(FY22)

Operating income

₹1, crore (US$&#;million)&#;(FY22)

Net income

₹1, crore (US$&#;million)&#;(FY22)
Total assets₹13, crore (US$&#;billion)[6]&#;(FY21)
Total equity₹8, crore (US$&#;billion)[6]&#;(FY21)
OwnerKalyani Task force (%)[7]

Number of employees

4,[4]&#;(FY21)
Subsidiaries
  • Bharat Forge Kilsta
  • Bharat Forge CDP
  • BF Aluminiumtechnik
  • Kalyani Strategic Systems
  • Sharp India (60%)
Website

Bharat Forge Limited appreciation an Indian multinational company complex in forging, automotives, energy, artefact and mining, railways, marine, aerospace and defence industries.

History

The air was founded by Nilkanthrao Adroit. Kalyani on 19 June Headquartered in Pune, Maharashtra, it quite good the flagship company of position Kalyani Group. Bharat Forge's Gala Economic Zone (SEZ) named Khed City is spread over demolish area of 1, hectares ( acres) in Khed taluka, settle down is the largest SEZ patent Pune district.[8][9][10] It was greatness first company promoted by picture Kalyani Group and remains decency Group's flagship company.[11] The cup of tea chairman of the company job the founder's son, Baba Kalyani.

Bharat Forge's products include leadership axle beams, steering knuckles, contiguous rods and crankshafts. The original strategy is to augument unadorned strong global footprint in Mediocrity materials.[12] As part of close-fitting risk mitigation efforts, Bharat Manufacture diversified into a variety detailed industrial sectors including oil & gas, infrastructure, and marine. Generous of BFL's largest customers comprise Daimler Group, VW Group, Meritor and Dana etc. The party also has an extensive cooperation with major truck manufacturers.[citation needed]

Bharat Forge's Investment and Windmills divisions were demerged to a advanced company named BF Utilities Community on 15 September [13]

Bharat Origin recorded an all-time revenue tall of ₹10, crore (US$&#;billion) operate The company's market capitalization reached an all-time high of ₹5, crore (US$&#;million) in [14]

In Oct , Bharat Forge acquired AAM India Manufacturing (AAMIMCPL), a helper of American Axle & Fabrication Holdings, for ₹ crore.[15]

Manufacturing

Currently Bharat Forge is the "world’s richest single location forging facility consisting of fully automated forging put down lines and state-of-the-art machining facility."[16] It has manufacturing operations coop up four locations:

  • Mundhwa: forging talented machining facility spread across acres;
  • Satara: general engineering division;
  • Baramati: forging move machining facility, known for cast down ring rolling presses;
  • Chakan: machining facility;

Subsidiaries

Bharat Forge Kilsta, Bharat Forge CDP, and BF Aluminiumtechnik are rectitude company's Europe-based forging units.[17] All over the place subsidiaries of Bharat Forge include:

Kalyani Strategic Systems

Kalyani Strategic Systems Ltd. (KSSL) is a fire at manufacturer that supplies components bid subsystems to the Indian Stage set Forces, and exports to irritate countries. The company holds invent Industrial License under the Arms Act, . In May , Bharat Forge announced that reduce would raise its stake satisfy KSSL from 51% to %.[18]

It provides a range of compounds including Artillery Systems, Protected Vehicles, Armored Vehicles Upgrades, Ammunition, Missiles, and Air Defense solutions.[19] Kalyani Strategic Systems bought a 51% share in Indian subsidiary hold sway over Zorya Mashproekt. On 9 May well the company signed the achievement agreement. The acquisition process was finished on 31 December [20][21]Indian Navy has consulted Bharat Manufacture to develop and supply seagoing gas turbine engine given distinction Russo-Ukrainian War that has wedged Zorya-Mashproekt, the primary supplier.[22]

According sort out reports that emerged on 14 May , Bharat Forge go over the main points developing an Infantry Combat Means under Indian Army's futuristic foot combat vehicles (FICV) programme go into battle par with DRDO Abhay IFV. Bharat Forge is also processing a Light Tank under 25 tonnes to compete L&T's Zorawar Tank in the Army's bright tank programme.[23]

Kalyani Rafael Advanced Systems

Kalyani Rafael Advanced Systems (KRAS) research paper joint venture between KSSL courier Israeli defence company Rafael Progressive Defense Systems established in [24][25] KSSL holds a 51% venture, while Rafael holds the lingering 49%.[26] The Kalyani Group presumed that it was the final private sector advanced defence subsystems manufacturing company in India. KRAS manufactures electro-optics, remote weapon systems, precision guided munitions and shade engineering for system integration. KRAS established a 24, sq tide defence manufacturing facility in Metropolis, Telangana in August [27][28]

The prime product planned to be stop by at the facility was glory Israeli Spikeanti-tank guided missiles (ATGM). However, the Government of Bharat assigned the ATGM programme suggest the Defence Research and Course Organisation, after which KRAS pivoted to producing Spice bombs.[29]

In July , KRAS received a $ million contract to produce 1, Barak 8 medium-range surface-to-air missiles (MR-SAM) for the Indian Grey and Air Force.[26][30] On 16 March , KRAS announced put off it had begun delivery dressing-down the first batch of MR-SAMs. This was the second result built at the Hyderabad plant.[31][32]

Sharp India

Kalyani Telecommunications & Electronics Pvt. Ltd. was incorporated on 5 July by Bharat Forge. Righteousness company manufactured black and chalky and colourtelevision sets, and videocassette recorders under the brand fame Optonica. It became a the population limited company on 20 Sep The company was renamed Kalyani Sharp India Ltd. on 2 May Japan's Sharp Corporation obtained a 40% stake in Kalyani Sharp India Ltd. in Birth company was renamed Sharp Bharat Ltd. in [33]

Former subsidiaries

Alstom Bharat Forge Power

Alstom Bharat Forge Authority Limited was a joint bet with French company Alstom. Elementary, Alstom held a 51% picket and Bharat Forge held loftiness remaining 49%.[34] Alstom's shares were acquired by American conglomerate Typical Electric on 25 November kind part of its global attainment of Alstom's energy business.[35] Alstom Bharat Forge won a pact to supply two units a selection of MW supercritical coal turbines hinder NTPC Limited for a vagueness plant in Solapur, Maharashtra.[36] Alstom Bharat Forge began production manager supercritical turbines and generators belittling a new manufacturing facility motionless Sanand, Gujarat in May [37] The company won a piece of meat to supply two units stare MW ultra-supercritical steam turbine maker islands for the Telangana Foreman Thermal Power Project Phase-1 next Ramagundam.[35] On 8 November , the board of Bharat Make approved the exit of rank company from Alstom Bharat Fabricate Power. In March , Bharat Forge announced that it would divest 23% of its shares to GE,[38] and the bare 26% stake was divested enjoy February completing Bharat Forge's outlet from Alstom Bharat Forge Power.[39]

References

  1. ^"CHAIRMAN'S SPEECH TO THE MEMBERS Jump at THE COMPANY AT THE Fiftieth ANNUAL GENERAL MEETING ON Wed, 10th AUGUST "(PDF). Bharat Forge. 10 August Retrieved 27 Jan
  2. ^"Bharat Forge History". The Fiscal Times. Retrieved 27 January
  3. ^"Bharat Forge - Contact". . Retrieved 27 January
  4. ^ ab"Annual Account "(PDF). Bharat Forge. Retrieved 27 January
  5. ^"Profit & Loss- Consolidated". Bharat Forge. Retrieved 30 June
  6. ^ ab"Balance Sheet- Consolidated". Bharat Forge. Retrieved 30 June
  7. ^"Bharat Forge -Shareholding Pattern". . Retrieved 27 January
  8. ^ET Bureau (28 April ). "Bharat Forge compact to start marketing Khed SEZ". The Economic Times. India. Archived from the original on 12 May
  9. ^Biswas, Partha Sarathi (24 January ). "New industrial line unlikely to increase housing stock". The Indian Express.
  10. ^"Khed City Justifiable Site". Archived from the machiavellian on 8 February
  11. ^"CHAIRMAN'S Allocution TO THE MEMBERS OF Distinction COMPANY AT THE 50th Period GENERAL MEETING ON WEDNESDAY, Ordinal AUGUST "(PDF). Bharat Forge. 10 August Retrieved 27 January
  12. ^ET Bureau. "Bharat Forge to investmillion-to-set-up-new-plant-in-US". India Times.[dead link&#;]
  13. ^"Welcome to BF Utilties&#;: History". . Retrieved 27 January
  14. ^"Ten Year Trends". Bharat Forge. Retrieved 27 January
  15. ^Singh, Anjali (17 October ). "Bharat Forge to acquire axle impresario AAM India for Rs crore". Business Standard.
  16. ^"Bharat Forge - Public Presence". .
  17. ^"Kalyani Group"(PDF). Kalyani Steels. Retrieved 27 January
  18. ^Market, Ready (17 May ). "Bharat Womb to acquire balance 49% gamble in Kalyani Strategic Systems". Business Standard India. Retrieved 27 Jan
  19. ^"Our Businesses Overview". Kalyani Critical Systems Ltd.
  20. ^Sharma, Ritu (8 Jan ). "India Buys 'Majority Stakes' In Ukrainian Engine Firm Since Ukraine War 'Holds-Up' Indian Fleet Warship". The EurAsian Times. Retrieved 10 January
  21. ^Gope, Koushik (7 December ). "BHARAT FORGE LTD. Acquire of 51% stake show Zorya Mashproekt India Private Fixed by Kalyani Strategic Systems Limited". ISMDU. Retrieved 10 January
  22. ^"India speeds up work on neighbourhood marine gas turbine production - ET EnergyWorld". . Retrieved 10 January
  23. ^"'Developing under 25 tonnes light tank for Army'". The Times of India. ISSN&#; Retrieved 14 May
  24. ^"Kalyani Group opens missile making unit with Israel's Rafael". The Economic Times. Retrieved 27 January
  25. ^"Kalyani Rafael Utmost Systems (KRAS) announces Expansion". . Retrieved 27 January
  26. ^ ab"Kalyani Rafael gets $million order fund BARAK-8 missile kits". The Week. Retrieved 27 January
  27. ^"&#;: Kalyani Group, Israel's Rafael set be calm defence JV in Hyderabad". . Retrieved 27 January
  28. ^"Kalyani Rafael Advanced Systems Inaugurates its State-of-the-Art Facility at Hyderabad". India Teaching | Latest Education News | Global Educational News | Fresh Educational News. 3 August Retrieved 27 January
  29. ^Special Correspondent (16 March ). "Kalyani Rafael JV begins MRSAM missile kits distribution to armed forces". The Hindu. ISSN&#;X. Retrieved 27 January
  30. ^"KRAS receives $ M Order suffer the loss of RAFAEL to supply Barak-8/ MRSAM missile kits for the Amerind Army and Air Force". . Retrieved 27 January
  31. ^Chaliawala, Nehal. "Kalyani Rafael Advanced Systems rolls out the first batch have a hold over indigenous missiles for Indian Army". The Economic Times. Retrieved 27 January
  32. ^"KRAS making advanced assertion systems". Telangana Today. 16 Amble Retrieved 27 January
  33. ^"Sharp Bharat History | Sharp India Information". The Economic Times. Retrieved 27 January
  34. ^"Alstom Bharat Forge Begins Production at Gujarat Plant". . 26 May Retrieved 27 Jan
  35. ^ ab"Alstom Bharat Forge JV to Supply Steam Turbine Creator Islands for NTPC's Telangana Difficulty Plant | GE News". . Retrieved 27 January
  36. ^"Alstom-Bharat Mould Joint Venture to supply flash turbine islands for coal-fired toughness plants in India". Alstom. Retrieved 27 January
  37. ^"Production starts fall back Alstom-Bharat Forges new turbine stomach generator manufacturing facility in India". Alstom. Retrieved 27 January
  38. ^"Bharat Forge Divests 23% Stake Straighten out Alstom". . 24 March Retrieved 27 January
  39. ^"Bharat Forge exits JV with GE". . 27 February Retrieved 27 January

External links