Balu Forge Industries has signed a Memorandum of Understanding (MOU) with the Government of Karnataka for the construction of new facility that would spread over 25 Acres (over 100,000 m²) in Belgaum, Karnataka. The new facility will not only act as a Manufacturing Centre but will also be setup as a Technology & Innovation Campus with a strong focus on Integrated Defence Research & Production, Cylindrical Cell Production for Electric Vehicles, Components Suitable for New Energy Vehicle Drivetrains & Powertrains, Spent Battery Recycling to name a few but not limited to the same.
Balu Forge Industries was engaged in the manufacturing of agricultural machinery such as Tractor trailers, MB ploughs, Spring Cultivators, Reversible Ploughs and Disc Harrow.
