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{{Short description|Indian multinational forging company}}
{{Use Indian English|date=August 2020}}
{{Use dmy dates|date=February 2014}}
{{Infobox company
| name = Bharat Forge Limited
| logo = Bharat Forge Logo.svg
| logo_size =
| logo_alt =
| logo_caption =
| image = Bharat Forge.jpg
| image_caption = Bharat Forge headquarters in [[Pune]]
| image_size =
| type = [[Public company|Public]]
| traded_as = {{ubl|{{BSE|500493}}|{{NSE|BHARATFORG}}}}
| ISIN = {{ISIN|sl=n|pl=y|INE465A01025}}
| industry = {{ubl|[[Forging]]|[[Metalworking|Metals]]|[[Automotive]]||[[Arms industry|Defence]]|[[Energy industry|Energy]]}}
| founded = {{Start date and age|df=yes|1961|06|19}}<ref>{{cite web |title=CHAIRMAN'S SPEECH TO THE MEMBERS OF THE COMPANY AT THE 50th ANNUAL GENERAL MEETING ON WEDNESDAY, 10th AUGUST 2011 |url=https://www.bharatforge.com/assets/pdf/chairman/Chairmans-2011.pdf |website=Bharat Forge |access-date=27 January 2022 |date=10 August 2011}}</ref> in [[Mumbai]]<ref>{{cite web |title=Bharat Forge History |url=https://economictimes.indiatimes.com/bharat-forge-ltd/infocompanyhistory/companyid-13958.cms |website=The Economic Times |access-date=27 January 2022 |language=en}}</ref>
| founder = Nilkanthrao A. Kalyani
| hq_location = [[Pune Cantonment]]
| hq_location_city = [[Pune]], [[Maharashtra]]
| hq_location_country = India<ref>{{cite web |title=Bharat Forge - Contact |url=https://www.bharatforge.com/contact-us/contact |website=www.bharatforge.com |access-date=27 January 2022}}</ref>
| area_served = Worldwide
| key_people = [[Baba Kalyani]] <small>(Chairman)</small>
| products = Front axle assembly & components, general engineering equipment, hydraulic & mechanical presses, bandsaw machines for cutting metallic rounds, couplings and material handling equipment;
| production = 163,198 [[tonnes|Mt]]<ref name="AnnualReport">{{cite web |title=Annual Report 2020-21 |url=https://www.bharatforge.com/assets/pdf/investor/annual_reports/2021/annual-report-2021.pdf |website=Bharat Forge |access-date=27 January 2022}}</ref>
| production_year = 2021
| services =
| revenue = {{up}} {{INRConvert|15122|c}}
| revenue_year = 2025
| operating_income = {{up}} {{INRConvert|2757|c}}
| income_year = 2025
| net_income = {{up}} {{INRConvert|1645|c}}
| net_income_year = 2025
| owner = [[Kalyani Group]] (44.76%)<ref>{{cite web |title=Bharat Forge -Shareholding Pattern |url=https://www.bharatforge.com/investors/shareholders-information/shareholding-pattern |website=www.bharatforge.com |access-date=27 January 2022}}</ref>
| num_employees = 4,892<ref name="AnnualReport"/>
| num_employees_year = 2021
| subsid = {{ubl|Bharat Forge Kilsta|Bharat Forge CDP|BF Aluminiumtechnik|Kalyani Strategic Systems|[[Sharp Corporation|Sharp]] India (60%)}}
| website = {{url|bharatforge.com}}
| footnotes = Financials {{as of|2025|03|31|lc=y|df=yes}}.<ref>{{cite web |title=Q4 & FY25 Analyst Update |url=https://www.bseindia.com/xml-data/corpfiling/AttachHis/a8379ca5-edc6-47d6-b143-9c0c5f621fcd.pdf |website=BSE |publisher=Bharat Forge |access-date=14 May 2025}}</ref>
}}
'''Bharat Forge Limited''' is an Indian multinational company involved in [[forging]], automotives, energy, construction and mining, railways, marine, aerospace and defence industries.

== History ==
The company was founded by Nilkanthrao A. Kalyani on 19 June 1961. Headquartered in [[Pune]], [[Maharashtra]], it is the flagship company of the [[Kalyani Group]]. Bharat Forge's [[Special Economic Zone]] (SEZ) named [[Khed City]] is spread over an area of 1,000 hectares (4200 acres) in [[Khed taluka]], and is the largest SEZ in [[Pune district]].<ref>{{Cite news|author=ET Bureau|date=28 April 2010|title=Bharat Forge plans to start marketing Khed SEZ|newspaper=The Economic Times|location=India|url=http://articles.economictimes.indiatimes.com/2010-04-28/news/27607718_1_bfl-forgings-manufacturer-khed-sez|archive-url=https://web.archive.org/web/20130512154754/http://articles.economictimes.indiatimes.com/2010-04-28/news/27607718_1_bfl-forgings-manufacturer-khed-sez|url-status=dead|archive-date=12 May 2013}}</ref><ref>{{Cite news|author=Biswas, Partha Sarathi|date=24 January 2013|title=New industrial policy unlikely to increase housing stock|newspaper=The Indian Express|url=http://www.indianexpress.com/news/new-industrial-policy-unlikely-to-increase-housing-stock/1064099/0}}</ref><ref>{{Cite web|title=Khed City Official Site|url=http://www.khedcity.com/home|url-status=dead|archive-url=https://web.archive.org/web/20130208112611/http://www.khedcity.com/home|archive-date=2013-02-08}}</ref> It was the first company promoted by the [[Kalyani Group]] and remains the Group's flagship company.<ref>{{cite web |date=10 August 2011 |title=CHAIRMAN'S SPEECH TO THE MEMBERS OF THE COMPANY AT THE 50th ANNUAL GENERAL MEETING ON WEDNESDAY, 10th AUGUST 2011 |url=https://www.bharatforge.com/assets/pdf/chairman/Chairmans-2011.pdf |access-date=27 January 2022 |website=Bharat Forge}}</ref> The current chairman of the company is the founder's son, [[Baba Kalyani|Babasaheb Kalyani]].

Bharat Forge's products include front axle beams, steering knuckles, connecting rods and crankshafts. The new strategy is to augment a strong global footprint in Lightweight materials.<ref>{{Cite news|author=ET Bureau|title=Bharat Forge to invest-56-million-to-set-up-new-plant-in-US|newspaper=India Times|url=http://articles.economictimes.indiatimes.com//bharat-forge-to-invest-56-million-to-set-up-new-plant-in-us/articleshow/71182003.cms}}{{dead link|date=October 2024|bot=medic}}{{cbignore|bot=medic}}</ref> As part of its risk mitigation efforts, Bharat Forge diversified into a variety of industrial sectors including oil & gas, infrastructure, and marine. Some of BFL's largest customers include Daimler Group, VW Group, Meritor and Dana etc. The company also has an extensive collaboration with major truck manufacturers.{{Citation needed|date=February 2023}}

Bharat Forge's Investment and Windmills divisions were demerged to a new company named BF Utilities Limited on 15 September 2000.<ref>{{cite web |title=Welcome to BF Utilties : History |url=https://www.bfutilities.com/History.html |website=www.bfutilities.com |access-date=27 January 2022}}</ref>

In October 2024, Bharat Forge acquired AAM India Manufacturing (AAMIMCPL), a subsidiary of [[American Axle & Manufacturing Holdings, Inc.|American Axle & Manufacturing Holdings]], for ₹544.5 crore.<ref>{{cite news |last1=Singh |first1=Anjali |title=Bharat Forge to acquire axle maker AAM India for Rs 544.5 crore |url=https://www.business-standard.com/companies/news/bharat-forge-to-acquire-axle-maker-aam-india-for-rs-544-5-crore-124101701387_1.html |publisher=[[Business Standard]] |date=October 17, 2024}}</ref>

=== Manufacturing ===
Currently Bharat Forge is the "world’s largest single location forging facility consisting of fully automated forging press lines and state-of-the-art machining facility."<ref>{{cite web |title=Bharat Forge - National Presence |url=http://www.bharatforge.com/worldwide/national |website=www.bharatforge.com}}</ref> It has manufacturing operations in four locations:
* Mundhwa: forging and machining facility spread across 100 acres;
* [[Satara (city)|Satara]]: general engineering division;
* [[Baramati]]: forging and machining facility, known for its ring rolling presses;
* [[Chakan, Pune|Chakan]]: machining facility;

== Subsidiaries ==
Bharat Forge Kilsta, Bharat Forge CDP, and BF Aluminiumtechnik are the company's Europe-based forging units.<ref name="Kalyani Group">{{cite web|title=Kalyani Group|url=https://www.kalyanisteels.com/wp-content/uploads/KSLpresn_2015.pdf|access-date=27 January 2022|website=Kalyani Steels}}</ref> Other subsidiaries of Bharat Forge include:

===Kalyani Strategic Systems ===
[[File:DRDO-Bharat Forge CQBC.jpg|thumb|left|[[DRDO Close Quarter Battle carbine|DRDO Close Quarter Battle (CQB) Carbine]], manufactured by KSSL]]
[[File:Kalyani Bharat ULH 155mm 39 CAL Howitzer.jpg|thumb|Kalyani Bharat ULH 155mm 39 CAL Howitzer at an exhibition at IIT Jammu, Jammu & Kashmir.]]
Kalyani Strategic Systems Ltd. (KSSL) is a defence manufacturer that supplies components and subsystems to the [[Indian Armed Forces]], and exports to other countries. The company holds an Industrial License under the ''[[Arms Act, 1959]]''. In May 2021, Bharat Forge announced that it would raise its stake in KSSL from 51% to 100%.<ref>{{cite web|last1=Market|first1=Capital|date=17 May 2021|title=Bharat Forge to acquire balance 49% stake in Kalyani Strategic Systems|url=https://www.business-standard.com/article/news-cm/bharat-forge-to-acquire-balance-49-stake-in-kalyani-strategic-systems-121051701099_1.html|access-date=27 January 2022|website=Business Standard India}}</ref>

It provides a range of products including [[Artillery]] Systems, [[MRAP|Protected Vehicles]], [[Armoured fighting vehicle|Armored Vehicles]] Upgrades, Ammunition, Missiles, and Air Defense solutions.<ref name="KSSL">{{Cite web|author=|url=https://www.kssl.in/our-business-overview|title=Our Businesses Overview|publisher=Kalyani Strategic Systems Ltd}}</ref> Kalyani Strategic Systems bought a 51% share in Indian subsidiary of [[Zorya-Mashproekt|Zorya Mashproekt]]. On 9 May 2023 the company signed the acquisition agreement. The acquisition process was finished on 31 December 2023.<ref>{{Cite web |last=Sharma |first=Ritu |date=2024-01-08 |title=India Buys 'Majority Stakes' In Ukrainian Engine Firm As Ukraine War 'Holds-Up' Indian Navy Warship |url=https://www.eurasiantimes.com/big-news-india-buys-majority-stakes-in-ukrainian-engine/ |access-date=2024-01-10 |website=The EurAsian Times |language=en-US}}</ref><ref>{{Cite web |last=Gope |first=Koushik |date=2023-12-07 |title=BHARAT FORGE LTD. Acquire of 51% stake in Zorya Mashproekt India Private Limited by Kalyani Strategic Systems Limited |url=https://ismdu.com/bharat-forge-ltd-acquire-of-51-stake-in-zorya-mashproekt-india-private-limited-by-kalyani-strategic-systems-limited/ |access-date=2024-01-10 |website=ISMDU |language=en-US |archive-date=10 January 2024 |archive-url=https://web.archive.org/web/20240110100803/https://ismdu.com/bharat-forge-ltd-acquire-of-51-stake-in-zorya-mashproekt-india-private-limited-by-kalyani-strategic-systems-limited/ |url-status=dead }}</ref> [[Indian Navy]] has consulted Bharat Forge to develop and supply marine gas turbine engine given the [[Russo-Ukrainian War]] that has impacted [[Zorya-Mashproekt]], the primary supplier.<ref>{{Cite web |last= |title=India speeds up work on local marine gas turbine production - ET EnergyWorld |url=https://energy.economictimes.indiatimes.com/news/oil-and-gas/india-speeds-up-work-on-local-marine-gas-turbine-production/103591899 |access-date=2024-01-10 |website=ETEnergyworld.com |language=en}}</ref> Bharat Forge bought a 51% share in Zorya Mashproekt India Private Limited. On 9 May 2023, Kalyani Strategic Systems signed the acquisition agreement. The acquisition process was finished on 31 December 2023.<ref>{{Cite web |last=Sharma |first=Ritu |date=2024-01-08 |title=India Buys 'Majority Stakes' In Ukrainian Engine Firm As Ukraine War 'Holds-Up' Indian Navy Warship |url=https://www.eurasiantimes.com/big-news-india-buys-majority-stakes-in-ukrainian-engine/ |access-date=2024-01-10 |website=The EurAsian Times |language=en-US}}</ref><ref>{{Cite web |last=Gope |first=Koushik |date=2023-12-07 |title=BHARAT FORGE LTD. Acquire of 51% stake in Zorya Mashproekt India Private Limited by Kalyani Strategic Systems Limited |url=https://ismdu.com/bharat-forge-ltd-acquire-of-51-stake-in-zorya-mashproekt-india-private-limited-by-kalyani-strategic-systems-limited/ |url-status=dead |archive-url=https://web.archive.org/web/20240110100803/https://ismdu.com/bharat-forge-ltd-acquire-of-51-stake-in-zorya-mashproekt-india-private-limited-by-kalyani-strategic-systems-limited/ |archive-date=10 January 2024 |access-date=2024-01-10 |website=ISMDU |language=en-US}}</ref>

According to reports that emerged on 14 May 2024, Bharat Forge is developing an [[Infantry fighting vehicle|Infantry Combat Vehicle]] under Indian Army's futuristic infantry combat vehicles (FICV) programme on par with [[Abhay IFV|DRDO Abhay IFV]]. Bharat Forge is also developing a [[Light tank|Light Tank]] under 25 tonnes to compete [[Larsen & Toubro|L&T]]'s [[Zorawar (tank)|Zorawar tank]] in the Army's light tank programme.<ref>{{Cite news |title='Developing under 25 tonnes light tank for Army' |url=https://timesofindia.indiatimes.com/city/pune/developing-under-25-tonnes-light-tank-for-army/articleshow/110098271.cms |access-date=2024-05-14 |work=The Times of India |issn=0971-8257}}</ref>

In 2024, KSSL reported a record export of 100 artillery guns to foreign countries including Armenia and an unnamed Middle Eastern country as part of a $155 million contract for [[155 mm]] guns in 2022. The products that were exported includes towed guns, such as the [[Bharat-52]] and [[Advanced Towed Artillery Gun System]] (ATAGS) along with mounted MArG system and ultra-light howitzers. As of February 2025, the subsidiary has an order book of $600 million. KSSL also signed a [[Letter of Intent]] with [[AM General]] for the supply of artillery cannons to support the latter's development of a range of [[105 mm calibre|105 mm]] and 155 mm calibre next-generation artillery guns.<ref>{{Cite web |last=www.ETManufacturing.in |title=Kalyani Strategic Systems exports 100 artillery guns in 2024 - ET Manufacturing |url=https://manufacturing.economictimes.indiatimes.com/news/aerospace-defence/kalyani-strategic-systems-exports-100-artillery-guns-in-2024/118570116 |access-date=2025-02-26 |website=ETManufacturing.in |language=en}}</ref>

The Indian Army will receive 255,128 [[DRDO Close Quarter Battle carbine|CQB carbines]] from KSSL for around {{INRConvert|1700|c|lk=on}} under a contract signed in 30 December 2025.<ref>{{Cite web |last= |date=2025-08-11 |title=Kalyani Strategic Systems secures majority share in Indian Army’s ₹2,800 cr carbine tender |url=https://manufacturing.economictimes.indiatimes.com/news/aerospace-defence/kalyani-strategic-systems-secures-majority-share-in-indian-armys-2800-cr-carbine-tender/123226932 |access-date=2025-09-01 |website=ETManufacturing.in |language=en}}</ref><ref name=":11">{{Cite press release |title=MoD inks Rs 4,666 crore contracts for Close Quarter Battle Carbine & Heavy Weight Torpedoes |date=2025-12-30 |publisher=[[Press Information Bureau]] |url=https://www.pib.gov.in/PressReleasePage.aspx?PRID=2209832&reg=3&lang=1 |access-date=2025-12-30}}</ref>

In January 2026, the company received an emergency procurement (EP-VI) contract worth {{INRConvert|300|c|lk=|year=2026}} from the [[Indian Army]] for [[Intelligence, surveillance, target acquisition, and reconnaissance|ISR]] drone platforms and [[loitering munitions]] with end use expected with Navy. The drone platforms include Omega One, Omega Nine, Bayonet, and Cleaver. The Omega One was also showcased onboard a [[BMP-2]] [[infantry combat vehicle]] during the [[Army Day (India)|Army Day]] parade.<ref>{{Cite news |date=2026-01-16 |title=Bharat Forge bags drone supply contracts worth about Rs 300 crore |url=https://economictimes.indiatimes.com/news/defence/bharat-forge-bags-drone-supply-contracts-worth-about-rs-300-crore/articleshow/126563282.cms |access-date=2026-01-16 |work=The Economic Times |issn=0013-0389}}</ref>

==== Kalyani Rafael Advanced Systems ====
Kalyani Rafael Advanced Systems (KRAS) is joint venture between KSSL and Israeli defence company [[Rafael Advanced Defense Systems]] established in 2015.<ref>{{Cite news|title=Kalyani Group opens missile making unit with Israel's Rafael|work=The Economic Times|url=https://economictimes.indiatimes.com/news/defence/kalyani-group-opens-missile-making-unit-with-israels-rafael/articleshow/59915644.cms?from=mdr|access-date=2022-01-27}}</ref> KSSL holds a 51% stake, while Rafael holds the remaining 49%.<ref name="1000barak">{{cite web |title=Kalyani Rafael gets $100-million order for BARAK-8 missile kits |url=https://www.theweek.in/news/biz-tech/2019/07/11/kalyani-rafael-gets-100-million-order-barak-8-missiles-kits.html |website=The Week |access-date=27 January 2022 |language=en}}</ref> The Kalyani Group claimed that it was the first private sector advanced defence subsystems manufacturing company in India. KRAS manufactures electro-optics, remote weapon systems, precision guided munitions and system engineering for system integration. KRAS established a 24,000 sq ft defence manufacturing facility in [[Hyderabad]], Telangana in August 2017.<ref>{{Cite web|date=2017-08-03|title=Kalyani Rafael Advanced Systems Inaugurates its State-of-the-Art Facility at Hyderabad|url=https://indiaeducationdiary.in/kalyani-rafael-advanced-systems-inaugurates-state-art-facility-hyderabad/|access-date=2022-01-27|website=India Education {{!}} Latest Education News {{!}} Global Educational News {{!}} Recent Educational News|language=en-US}}</ref>

The first product planned to be produced at the facility was the Israeli [[Spike (missile)|Spike]] [[anti-tank guided missile]]s (ATGM). However, the Government of India assigned the ATGM programme to the [[Defence Research and Development Organisation]], after which KRAS pivoted to producing [[Spice (bomb)|Spice 2000]] bombs.<ref>{{Cite news |last=Bharadwaj |first=Swati |date=2021-03-17 |title=Spice bombs used in Balakot air strike were made in Hyderabad |url=https://timesofindia.indiatimes.com/city/hyderabad/spice-bombs-used-in-balakot-air-strike-were-made-in-hyd/articleshow/81538800.cms |access-date=2025-12-10 |work=The Times of India |issn=0971-8257}}</ref><ref>{{Cite news |author= |date=2021-03-16 |title=Kalyani Rafael JV begins MRSAM missile kits delivery to armed forces |url=https://www.thehindu.com/news/cities/Hyderabad/kalyani-rafael-jv-begins-mrsam-missile-kits-delivery-to-armed-forces/article34086468.ece |access-date=2022-01-27 |work=The Hindu |language=en-IN |issn=0971-751X}}</ref><ref>{{Cite news |last=Yaron |first=Oded |title=Why the future of Israeli defense lies in India |url=https://www.haaretz.com/israel-news/2025-04-19/ty-article-magazine/.highlight/why-the-future-of-israeli-defense-lies-in-india/00000196-4c0a-dd47-ad9f-cedba2eb0000 |archive-url=https://web.archive.org/web/20250501121552/https://www.haaretz.com/israel-news/2025-04-19/ty-article-magazine/.highlight/why-the-future-of-israeli-defense-lies-in-india/00000196-4c0a-dd47-ad9f-cedba2eb0000 |archive-date=1 May 2025 |access-date=2025-12-10 |work=Haaretz.com |language=en |url-status=live }}</ref>

In July 2019, KRAS received a $100 million contract to produce 1,000 [[Barak 8]] medium-range [[surface-to-air missile]]s (MR-SAM) for the [[Indian Army]] and [[Indian Air Force|Air Force]].<ref name="1000barak" /><ref>{{Cite web|url=https://www.rafael.co.il/press/kras-receives-100-m-order-from-rafael-to-supply-barak-8-mrsam-missile-kits-for-the-indian-army-and-air-force/|title=KRAS receives $100 M Order from RAFAEL to supply Barak-8/ MRSAM missile kits for the Indian Army and Air Force|access-date=2022-01-27|website=www.rafael.co.il}}</ref> On 16 March 2021, KRAS announced that it had begun delivery of the first batch of MR-SAMs. This was the second product built at the Hyderabad plant.<ref>{{Cite news|last=Chaliawala|first=Nehal|title=Kalyani Rafael Advanced Systems rolls out the first batch of indigenous missiles for Indian Army|work=The Economic Times|url=https://economictimes.indiatimes.com/news/defence/kalyani-rafael-advanced-systems-rolls-out-the-first-batch-of-indigenous-missiles-for-indian-army/articleshow/81534091.cms|access-date=2022-01-27}}</ref><ref>{{Cite web |last=Raj |first=Y V Phani |date=2021-03-16 |title=KRAS making advanced defence systems |url=https://telanganatoday.com/kras-making-advanced-defence-systems |access-date=2022-01-27 |website=Telangana Today |language=en-US}}</ref>

===Sharp India===
Kalyani Telecommunications & Electronics Pvt. Ltd. was incorporated on 5 July 1985 by Bharat Forge. The company manufactured [[black and white]] and [[Color television|colour]] [[television set]]s, and [[videocassette recorder]]s under the brand name Optonica. It became a public limited company on 20 September 1985. The company was renamed Kalyani Sharp India Ltd. on 2 May 1986. Japan's [[Sharp Corporation]] acquired a 40% stake in Kalyani Sharp India Ltd. in 1990. The company was renamed Sharp India Ltd. in 2005.<ref>{{cite web |title=Sharp India History {{!}} Sharp India Information |url=https://economictimes.indiatimes.com/sharp-india-ltd/infocompanyhistory/companyid-12212.cms |website=The Economic Times |access-date=27 January 2022 |language=en}}</ref>

=== BF Elbit Advanced Systems ===
In order to meet the needs of the Ministry of Defense and other prospective Indian government clients for artillery and mortar systems, Bharat Forge and Elbit Systems Land and C4I Limited announced a strategic partnership in August 2012 through the creation of a new joint venture company.<ref>{{Cite news |last=Philip |first=Lijee |date=2013-02-07 |title=Bharat Forge, Elbit form strategic co-operation in India through a new JVC |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/bharat-forge-elbit-form-strategic-co-operation-in-india-through-a-new-jvc/articleshow/18380778.cms?from=mdr |access-date=2025-12-09 |work=The Economic Times |issn=0013-0389}}</ref> The request by Bharat Forge to sell Elbit Systems Land and C41 Limited a 26% ownership part in its defense business was accepted by the [[Foreign Investment Promotion Board]] in 2013. 74% of BF Elbit Advanced Systems would still be owned by Bharat Forge.<ref>{{Cite web |last=Mukul |first=Jyoti |date=2013-09-26 |title=Israeli investment in Bharat Forge defence arm cleared |url=https://www.business-standard.com/article/specials/israeli-investment-in-bharat-forge-defence-arm-cleared-113092000872_1.html |archive-url=https://web.archive.org/web/20250616194323/https://www.business-standard.com/article/specials/israeli-investment-in-bharat-forge-defence-arm-cleared-113092000872_1.html |archive-date=16 June 2025 |access-date=2025-12-09 |website=[[Business Standard]] |language=en-US |url-status=live }}</ref>

=== Former subsidiaries ===
==== Alstom Bharat Forge Power====
Alstom Bharat Forge Power Limited was a joint venture with French company [[Alstom]]. Originally, Alstom held a 51% stake and Bharat Forge held the remaining 49%.<ref>{{cite web |title=Alstom Bharat Forge Begins Production at Gujarat Plant |url=https://www.ndtv.com/business/alstom-bharat-forge-begins-production-at-gujarat-plant-766188 |website=NDTV.com |date=26 May 2015 |access-date=27 January 2022}}</ref> Alstom's shares were acquired by American conglomerate [[General Electric]] on 25 November 2015 as part of its global acquisition of Alstom's energy business.<ref name="GE">{{cite web |title=Alstom Bharat Forge JV to Supply Steam Turbine Generator Islands for NTPC's Telangana Power Plant {{!}} GE News |url=https://www.ge.com/news/press-releases/alstom-bharat-forge-jv-supply-steam-turbine-generator-islands-ntpcs-telangana-power |website=www.ge.com |access-date=27 January 2022 |language=en}}</ref> Alstom Bharat Forge won a contract to supply two units of 660 MW supercritical coal turbines to [[NTPC Limited]] for a power plant in [[Solapur]], Maharashtra.<ref>{{cite web |title=Alstom-Bharat Forge Joint Venture to supply two turbine islands for coal-fired power plants in India |url=https://www.alstom.com/press-releases-news/2012/4/alstom-bharat-forge-joint-venture-to-supply-two-turbine-islands-for-coal-fired-power-plants-in-india- |website=Alstom |access-date=27 January 2022 |language=en}}</ref> Alstom Bharat Forge began production of supercritical turbines and generators at a new manufacturing facility at [[Sanand]], Gujarat in May 2016.<ref>{{cite web |title=Production starts at Alstom-Bharat Forges new turbine and generator manufacturing facility in India |url=https://www.alstom.com/press-releases-news/2015/5/production-starts-at-alstom-bharat-forges-new-turbine-and-generator-manufacturing-facility-in-india- |website=Alstom |access-date=27 January 2022 |language=en}}</ref> The company won a contract to supply two units of 800 MW ultra-supercritical steam turbine generator islands for the Telangana Super Thermal Power Project Phase-1 near [[Ramagundam]].<ref name="GE" /> On 8 November 2016, the board of Bharat Forge approved the exit of the company from Alstom Bharat Forge Power. In March 2017, Bharat Forge announced that it would [[Divestment|divest]] 23% of its shares to GE,<ref>{{Cite web|title=Bharat Forge Divests 23% Stake In Alstom|url=https://www.ndtv.com/business/bharat-forge-divests-23-stake-in-alstom-1673213|access-date=2022-01-27|website=NDTV.com|date=24 March 2017 }}</ref> and the remaining 26% stake was divested in February 2018 completing Bharat Forge's exit from Alstom Bharat Forge Power.<ref>{{Cite web|title=Bharat Forge exits JV with GE|url=https://www.thehindubusinessline.com/markets/stock-markets/bharat-forge/article22869536.ece|access-date=2022-01-27|website=www.thehindubusinessline.com|date=27 February 2018 |language=en}}</ref>

==Products==
===Defence===
* [[Bharat-52]]
* [[ATAGS (howitzer)|ATAGS]]
* [[DRDO Close Quarter Battle carbine]]
* Omega One [[Intelligence, surveillance, target acquisition, and reconnaissance|ISR]] drone platform
* Omega Nine ISR drone platform
* Bayonet [[Loitering munitions|loitering munition]]
* Cleaver loitering munition

==References==
{{Reflist}}

==External links==
* {{Official website|https://www.bharatforge.com}}
* [http://kssl.in/ Kalyani Strategic Systems website]
* [http://krasindia.com/ Kalyani Rafael Advanced Systems website]

{{Nifty 200 companies}}

{{Authority control}}

[[Category:Manufacturing companies established in 1961]]
[[Category:Companies based in Pune]]
[[Category:Multinational companies headquartered in India]]
[[Category:Manufacturing companies of India]]
[[Category:1961 establishments in Maharashtra]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Indian companies established in 1961]]

Bharat Forge - Revision history

AlbaTinker204 at 12:12, 29 January 2026