In a bid to increase capacity and modernize its plant at Koregaon Bhima near Pune, Kalyani Forge, a manufacturer of precision forged and machined components is planning to invest Rs 200 crore in the next three years. The company will gather the investment through a mix of debt and internal accruals.
At present, the company has presses ranging from forces of 650 to 2500 tons and it has enquiries from customers for medium and large components for which the company require higher tonnage presses up to 6000 tons.
Kalyani Forge is engaged in the manufacturing of Forgings, Precision Machined Components and Sub-assemblies.
