Bharat Forge Aims for 50 Percent Aerospace Growth - News

Bharat Forge Ltd aims for aerospace revenue expansion up to 50 percent in the coming years. while considering India as the base for future manufacturing operations. It plans to ramp up production capacity with dedicated landing gear component machining lines and high-precision forging abilities through ring mill installations. As per Amit Kalyani, Vice Chairman and Joint Managing Director, Bharat Forge Ltd, its aerospace business to cross INR 100 crore in quarterly revenue this year, with annual growth of 30-50 percent from FY26. The new facilities are expected to be operational by March 2027, aligning with rising global demand for jet engine components.

Bharat Forge faces difficulties in Europe because economic slowdowns have negatively affected its operational activities while the company continues its expansion commitment. The consolidated revenue of INR 3,476 crore during Q3 marks a 10 percent decrease from the previous year, while EBITDA fell by 5 percent to reach INR 638 crore. Kalyani suggested moving European production to India, as both costs and profits remained unfavorable in those areas. He also highlighted India’s growing appeal as a global manufacturing hub and that now it’s India’s turn, as the advantages of Indian manufacturing are becoming clear.