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Home arrow News arrow Business News arrow Bharat Forge commissions new integrated Ring Rolling Facility at Baramati
Bharat Forge commissions new integrated Ring Rolling Facility at Baramati Print E-mail
Written by Ganesh   
Tuesday, 05 January 2010
Baramati: Bharat Forge today commissioned it's new fully integrated Ring Rolling Facility at its Centre for Advanced Manufacturing at Baramati. The facility was inaugurated by Dr Albert Hieronimus, President & CEO, Bosch Rexroth AG.

Speaking on the occasion, Mr. B N Kalyani, Chairman & Managing Director, Bharat Forge Ltd., said, “The commercialization of the ring rolling facility successfully completes the first phase of our non auto foray, which we conceptualized in 2005. This will enable us to achieve our target of having 40% of our revenue from the non auto sector by 2012 from current levels of 21%”.

The company has already invested Rs 500 crore in the first phase.

In the first phase Bharat Forge will manufacture parts up to 40 to 50 tonnes and has set up the open die press in Pune and a crankshaft and ring rolling facility (for locomotives, construction equipment and power plants) in Baramati.  In the second phase the company will manufacture parts up to 500 tonnes.

The new fully integrated facility is equipped with 4000T Blanking press, a Radial Axial Ring Rolling machine, both made by Wagner with capability to roll rings up to a maximum diameter of 4.5m, maximum height of up to 500mm and maximum weight of up to 3 tons.

The facility is also equipped with modern furnaces and Robot Manipulator from Glama, Germany. Slewing rings, flanges and gear blanks for the wind industry, bearings etc. are some of the products that will be manufactured at this facility and will primarily cater to the Wind Energy, Thermal Energy, Defense, Oil & Gas, Material Handling Equipment and Bearing Industry, both, for domestic & global markets.

"This new facility will act as a catalyst to further accelerate BFL’s revenue growth and de-risking its business model besides diversifying its non auto business. We have received strong customer response for domestic & international applications," said B N Kalyani.

Bharat Forge plans to invest Rs 1,500 crore, over the next three years, to expand its non-automotive business. The funds will be raised through internal accruals, debt and equity.

Last Updated ( Tuesday, 05 January 2010 )
 
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