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Bharat Forge’s arm starts construction of strategic defence facility in Andhra Pradesh

15 May 2026 Evaluate

Bharat Forge’s defence business -- Kalyani Strategic Systems’ wholly owned subsidiary -- Agneyastra Energetics has started construction of strategic defence manufacturing facility near Madakasira in Sri Sathya Sai District, Andhra Pradesh.

Spread across more than 1,000 acres, the integrated campus will be developed with a planned investment of Rs 1,500 crore over the next 2-4 years. Designed with advanced manufacturing technologies, high-safety testing infrastructure, and specialised logistics capabilities, the facility will significantly enhance India’s indigenous capabilities in advanced energetics and ammunition systems critical to modern defence and aerospace applications. 

The project is expected to generate around 800 direct jobs and around 2,500 indirect employment opportunities, contributing to regional economic growth while reinforcing Andhra Pradesh’s emergence as a preferred hub for aerospace and defence manufacturing. 

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 1866.10
Ramkrishna Forgings 695.00
MM Forgings 568.15
Happy Forgings 2004.30
Balu Forge Inds. 488.50
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