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Year Aquisition

1998 BFL's wheel rim division has been hived off


into a joint venture with the collaborator
Lemmerze-Were of Germany, with effective
from 4th June

1996 BFL is the leading player in the sector. It is the


flagship of the Kalyani group and was
established in 1961 in collaboration with Steel
Improvement and Forge Co., USA (SIFCO),
Commercial production of forgings began in
1966 with the setting up of a plant at
Mundhwa near Pune.

1999 Bharat Forge has surprisingly turned an


impressive results. Being the fifth-largest
forging company in the world in volume
terms.

2002 Bharat Forge signs a contract with Dana


Corporation's Spincer Europe Ltd., for the
supply of forgings.
Leading Chinese Auto Dealer OEM has
awarded the company a large contract for the
supply of engine components, which is worth
around million order.

2003 Bharat Forge Ltd secured the second Largest


Customer in China. Guangxi Yuchai Machinery
Co. a part of second Auto Works is among the
Largest Auto companies in China, which is a
stepping stone for acquiring a large size of the
Chinese Markets.

2005 BharatForge Ltd receives `outstanding


organisation' award for quality from the
National Institution for Quality and Reliability
on April 23
-Bharat Forge acquires ImatraKilsta AB,
Sweden & Scottish Stampings,Scotland
-Bharat Forge Ltd has signed a Joint Venture
contract with FAW
Corporation for its forging business
-Bharat Forge enters in JV contract with FAW
Corporation, China

2012 Bharat Forge Ltd's power equipment joint-


venture with Alstom bags Rs. 1,570 crore
order from NTPC Ltd.
2016 Bharat Forge Expands in U.S. with Tennessee
Acquisition

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