Bharat Forge
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Bharat Forge | |
---|---|
Type | Private (BSE & NSE) |
Founded | in 1961 by Baba Kalyani |
Headquarters | Mumbai, Maharastra, India |
Key people | Baba Kalyani Chairman |
Industry | Forging Metals Machinery Engineering |
Products | front axle assembly and components general engineering equipment hydraulic and mechanical presses bandsaw machines for cutting metallic rounds couplings and material handling equipment |
Revenue | US$ 659 million (FY 2006) |
Operating income | US$ 129 million (FY 2006) |
Net income | US$ 56 million (FY 2006) |
Website | www.bharatforge.com |
Bharat Forge is the world's second largest forging company. The company is based in Pune, India and has 9 manufacturing plants in India, Germany, Sweden, United States [[1]], Scotland, United Kingdom and mainland China. The company's international operations are carried out by its subsidiary Carl Dan Peddinghus GmbH. The company was founded by Indian billionaire Baba Kalyani in 1961. In 2006, Bharat Forge had total sales of US$ 659 million and has a market value of US$ 1.8 billion. It was rated as one of the best companies in Asia by the Forbes magazine because of its high growth rate. The company increased its sales by more than 50% in 2005.[1]