Bharat Forge has received approval for further investment of an amount not exceeding Rs 150 crore in Kalyani Powertrain (KPTL), a wholly owned subsidiary of the Company, from time-to-time, in one or more tranches. KPTL houses all of the Electronic Vehicle (EV) initiatives of the company. The Board of Directors of the Company at its Meeting held on August 09, 2023 considered and approved the same.
Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.
