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Bharat Forge to invest up to Rs 1,000 crore in Tamil Nadu

09 Jan 2024 Evaluate

Bharat Forge has entered into a Memorandum of Understanding (MoU) with Guidance, the Nodal Agency of Government of Tamil Nadu on January 08, 2024 as part of the Tamil Nadu Global Investors Meet 2024, for investing up to Rs 1,000 crore over a 5 year period to expand its manufacturing footprint in Tamil Nadu.  

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.


Peers
Company Name CMP
Bharat Forge 1887.75
Ramkrishna Forgings 696.00
MM Forgings 615.20
Happy Forgings 2074.00
Balu Forge Inds. 501.10
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