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Kalyani Forge to invest in expansion plan

Monday, 22 Jul 2013
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Kalyani Forge, Pune-based company, is planning to invest around Rs 200 crore over the next five years.


Under the plan, the company will upgrade its current facility and key areas of operations. Kalyani Forge presently has an installed capacity of about 25,000 tonne, and manufactures connecting rods, gears, axles and other forged components. The company intends to increase the capacity utilisation to 75 per cent in the next two-three years from the current capacity utilisation of 55 per cent.


Other than this, the business-like forgings for engines used in marine, power generators and agriculture implements, as well as oil and gas sector, will bring growth in the non-auto segment.


Part of the investment will also be utilised in low-cost automation to increase productivity.

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