| 2026 |
In February 2026, Bharat Forge a leading manufacturing and engineering company and VVDN Technologies, a global provider of product engineering and manufacturing services, have signed a Memorandum of Understanding (MoU) to record their broad understanding to explore a strategic collaboration across key technology-driven sectors.
In February 2026, JS Auto Cast Foundry India Private Limited (JSA), 100% wholly owned stepdown subsidiary of Bharat Forge Limited and a leading supplier of critical ferrous castings for industrial and automotive applications, has successfully raised equity of Rs. 300 crore (US$ 33.95 million) from Premji Invest (PI) by way of primary infusion into the company. PI will hold 23% stake on a fully diluted basis post the infusion.
In January 2026, Bharat Forge Limited Aerospace Division has achieved a significant milestone in India’s defence modernisation journey by securing contracts worth approximately Rs. 300 crore (US$ 33.95 million) under the ongoing Emergency Procurement – VI (EP-VI) framework. These contracts are for the Indian Army and also for end use at Indian Navy, cover a range of indigenous unmanned systems, including Intelligence, Surveillance, and Reconnaissance (ISR) platforms and loitering munition.
In January 2026, Bharat Forge and Germany-based Agile Robots S.E. agree to explore a strategic collaboration to jointly explore the space of AI driven robotics and intelligent industrial automation. Driven by Bharat Forge’s extensive domain expertise and Agile Robots’ ingenious intelligent robots and automation solutions, this collaboration will see the deployment of cutting-edge solutions for the automotive, healthcare, and consumer electronics industries.
|
| 2025 |
Bharat Forge signed a Rs. 453 crore (US$ 53 million) transfer agreement with Kalyani Strategic Systems to strengthen its defence sector capabilities.
Bharat Forge is collaborating with Pratt & Whitney to establish a state-of-the-art aerospace ring mill in India, aiming to enhance capabilities for both domestic and international aerospace programmes. The facility is expected to be operational by 2026, reinforcing Bharat Forge's commitment to advancing India's position in global aerospace manufacturing.
On March 27, 2025, Bharat Forge Limited inked the largest domestic contract of 184
indigenously developed Artillery Systems with the Ministry of Defense. This accounts to 60% of the Rs. 6,900 crore (US$ 819 million) procurement by the MOD. The Advanced Towed Artillery Gun System (ATAGS) jointly developed with DRDO is the most advanced 155/52 mm calibre artillery system.
|
| 2024 - 2023 |
BharatForge Ltd. has been awarded the prestigious Industrial Innovation Award 2023 by the Confederation of Indian Industry (CII). Awward was given to the company's unwavering commitment to technological advancement, innovation, and research and development across various industries, including automotive and defence, demonstrating its excellence in these areas.
In August 2023, Kalyani Rafael Advanced Systems Private Limited, a joint venture company between Kalyani Strategic Systems Limited (a wholly owned Defence subsidiary of Bharat Forge Limited) and Rafael Advanced Systems Limited of Israel, bagged an order amounting to Rs. 2875.1 million (US$ 34.49 million).
In August 2023, the company earmarked US$ 121.02 million (Rs. 1,000 crore) in capital expenditure for its India operations in fiscal year 2023-24, extending through the first half of FY26.
In May 2023, Bharat Forge is banking on the defence segment for strong growth in FY24. It has acquired three casting companies in south India in FY23.
In March 2023, Bharat Forge Limited, through its E-Mobility subsidiary, Kalyani Powertrain Limited, opened its first electric bike manufacturing facility in MIDC Chakan.
In January 2023, General Atomics has announced a partnership with Bharat Forge to manufacture main landing gear components, subassemblies, and assemblies of remotely piloted aircraft in India.
In January 2023, Bharat Forge subsidiary, JS Auto Cast Foundry India enters into Business Transfer Agreement (BTA) with Indo Shell Mould for acquiring their SEZ Unit in SIPCOT, Erode.
|
| 2022 |
In November 2022, Kalyani Strategic Systems, a subsidiary of Bharat Forge Limited, bagged an order worth US$ 155.5 million for the export of its 155mm, 39 calibre truck-mounted artillery guns.
|
| 2021 |
In June 2021, Bharat Forge announced plan to acquire 175 acres in an industrial park near Pune worth Rs. 240 crore (32.32 million) to set up new factories for the defence and electric mobility business divisions
In March 2021, Bharat Forge announced its plan to acquire Kalyani Powertrain
|
| 2020 |
Joint venture formed with Paramount Group to co-develop land system and aerospace platforms
|
| 2019 |
Rolled out the one millionth finished machined crankshaft that powers heavy duty engines of Daimler AG
|
| 2018 |
Established E-Mobility Research & Development Centre in MIRA Technology Park, UK
Announcement of strategic stake in Electric Vehicle Company, Tevva Motors (Jersey) Limited
|
| 2017 |
Established Kalyani Centre for Manufacturing Innovation
|
| 2013 |
Supply of crankshaft for Indian rails, becoming the 1st indigenous supplier of crankshaft
|
| 2003 |
Established Global Manufacturing Footprint across Europe, North America, and China
|
| 2002 |
Investment in Research & Development, Testing and Validation and state-of-the-art Heavy-Duty Truck Crankshaft Machining facilities
|
| 2001 |
Acquired order book of Dana
|
| 1991 |
Major break-through in Japan, USA, and UK for critical supply of powertrain & chassis components.
|
| 1985 |
Initial exports to Europe
|
| 1966 |
Commercial production commences
|
| 1961 |
Incorporation of Bharat Forge Ltd
|
