Bharat Forge’s BFAT wins EURO 250 million multiyear contract
Bharat Forge Limited announced that it’s German Subsidiary, Bharat Forge Aluminumtechnik GmbH & Co KG (BFAT) has secured a multiyear contract worth about EURO 250 million from a German OEM. This entails supplying suspension components based on unique technology industrialized by BFAT and has put the company at the forefront of the in demand aluminium component industry.
Commenting on the order win, Mr. Baba N Kalyani, Chairman and Managing Director of Bharat Forge Ltd., said “This is a proud moment for our German aluminum forging business and for the Bharat Forge Group. This win has been made possible because of continuous focus on innovation, technology adaptation and execution track record of BFAT and will enhance our presence in the fast growing aluminum components business which is finding increasing use in passenger vehicles for weight reduction and high performance”
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