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Bharat Forge signs MoU with Government of Andhra Pradesh

19 May 2026 Evaluate

Bharat Forge, through its Aerospace business, has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to establish India's first private-sector Marine Gas Turbine (MGT) Repair, Overhaul and indigenous Development complex at Visakhapatnam-- over an around 80 acres within the Andhra Pradesh Defence Manufacturing Corridor. 

The Visakhapatnam facility-- co-located with the Naval Dockyard, INS Eksila, and Eastern Naval Command Headquarters-- will for the first time bring this critical propulsion sustainment capability into India's private sector. Phase 1 will deliver a full Marine GT Repair and Overhaul complex: hot section restoration of blades, vanes and combustion liners, component manufacturing, NDE laboratory, and a 72-hour turnaround capability for the Naval Dockyard, Visakhapatnam. Phase 2 will establish India's first private sector Marine GT Development and Assembly Hall, a full-spectrum hot test cell scalable across all propulsion ratings, and-- for the very first time on Indian soil-- the development and qualification of an indigenous Marine Gas Turbine. The facility will also serve as a regional R&O hub for friendly nation navies, creating around 750 direct and indirect employment opportunities.

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 1940.00
Ramkrishna Forgings 710.70
MM Forgings 632.10
Happy Forgings 2167.15
Balu Forge Inds. 533.25
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