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Balu Forge acquires 72,000-tonne forging lines in Karnataka

Thursday, 23 May 2024
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Balu Forge Industries (BFIL) has acquired three forging lines with a combined capacity of producing 72,000 tonne of heavy forged products annually. These units are located in Karnataka, and will enhance the company's capabilities.

With the new acquisition, BFIL's position in the critical engineering product market will be strengthened, enabling it to compete at the global level on parameters of precision, product quality, and pricing.

These newly acquired production lines complements the current precision machining capacity of 32,000 tonne.

Mumbai-based BFIL manufactures forged metal components which find applications in different industries, especially industrial, agricultural and automotive.

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