Balu Forge Industries acquires 72,000-tonne forging lines in Karnataka

Publicly listed, Mumbai-based Balu Forge Industries Ltd (BFIL) has acquired three forging lines in Karnataka having a combined capacity of producing 72,000 tonnes of heavy forged products annually. These newly acquired production lines complement the existing precision machining capacity of 32,000 tonnes.BFIL manufactures forged metal components that find applications in marine, industrial, agricultural and automotive sectors.