Bharat Forge (BFL) is planning to set up manufacturing units for aerospace applications and marine engines at Baramati with an investment of Rs.300 crore .

The wholly owned subsidiary at Baramati, which will be called 'Bharat Forge Ltd Centre for Advanced Manufacturing', will manufacture large components for power generators, locomotives, marine engines, on-highway vehicles, and also aerospace and general engineering applications.

On 1 May 2007, Union Minister for Agriculture, Mr. Sharad Pawar, will lay the foundation stone for proposed project . The facility to be spread over 100 acres of MIDC land will have an initial capacity of 30,000 tpa of forgings and one lakh tpa of  machined crankshafts. Commercial production is expected by March 2008. The Baramati plant will cater mostly to the export market - especially North America and Europe, where the aerospace and shipping industry has a large presence.

The company is also setting a plant at Mundhwa in Pune at a cost of Rs.140 crore, will manufacture forgings for use in capital sectors like steel and mining.

Also See:
Bharat Forge plans manufacturing unit (16-Jan-06)