Bharat Forge

- World's largest producer of forging in the world.
- Installed capacity to produce 760000 tonnes of Forging material per year.
- Pune Based company
- Manufactures wide range of auto ancillary for cars, comercial vehicles and tractors.
- Facilities across 11 locations : 4 in India, 3 in Germany, 2 in China and 1 in US.
- Between 2002 and 2005 made slew of acquisitions and JV's
- Acquired Carl Dan Peddinghaus of Germany, CDP Aluminiumtechni in Germany, Imatra Kilsta AB in Sweden along with subsidary Scottish Stampings, Federal Forge in US.
- JV with First Auto Works in China.
- Total turnover of Rs.3206 Cr in CY 2012 Vs Rs.2891 Cr in CY 2011.
- But reported loss of Rs.37 Cr in CY 2012 Vs Rs.34.8 Cr Profit.
- Overseas operations are facing headwing - Europe not doing well.
- Company focusing on cutting cost, restructuring operations. Sold US $ 11.2 million assets in US.