Kalyani Forge eyes doubling revenue to Rs 500 crore in next 2-3 years

Kalyani Forge is planning to increase its turnover by two fold to Rs 500 crore in the next 2-3 years by entering a new product range and expansion. The company is expanding its machined components capacity by 25 percent, which is expected to be ready by the current fiscal year.

The company has identified 4 business verticals for growth and proposes to deliver value added solutions to the customers by supplying semi-finished or ready to assemble parts.

The company is supplier of forged, machined and assembled products for a variety of customers in industries like automotive, construction, power generation, marine, railway, and industrial goods. Its forging capabilities include hot, warm and cold forging & in-house heat treatment as well as machining.