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FORGING PROCESS
Forging is a manufacturing process involving the shaping of metal using
localized compressive forces. A metal is shaped by compressive forces.
COMPANY INFORMATION
Founded in: 1961
Businesses:
II) INDUSTRIAL: Power , Oil & Gas, Locomotive & Marine, Aerospace, Metals
& Mining, Construction, General Engineering.
MANUFACTURING UNITS
AND PRODUCTS
With manufacturing facilities spread across 12 locations and 6
aerospace, power, energy, oil & gas, rail & marine, mining &
construction equipment, and other industries.
It is capable of producing complex large volume parts in both steel
and aluminum.
STP ANALYSIS
Segmentation:
Bharat Forge is primarily a metal forming company and hence it segments the market where there is
a need for formed metal such as the automotive industry and in the non-automotive industry such as
Power, Oil and Gas, Locomotive and Marine, Aerospace, Metals and Mining, Construction and General
Engineering.
Targeting:
In this segments it targets every global OEM and Tier 1 Suppliers. Daimler Chrysler, Toyota, BMW,
General Motors, Volkswagen, Audi, Renault, Ford, Volvo, Caterpillar - Perkins, Iveco, Arvin Meritor,
Detroit Diesel, Cummins, Dana Corporation, Honda, Scania and several others source their complex
forging requirements including machined crankshafts, front axle beams and steering knuckles from
Bharat Forge.
Positioning:
It has positioned itself as the provider of the different types of formed metal equipment which is of
the highest standard and which uses innovative technology to meet the specific needs and
requirements of the major global companies in varied industry.
Bharat forge offers end-to-end solutions to its global customers, based on its extensive
Metal flow simulation software "DEFORM" & "FORGE " for virtual manufacturing and a specialized preform
design software "Vera Cad" for design optimization and process validation to develop new parts right the first
time.
High-end CAM software, like "WORKNC", "UG-NX" for generating NC tool paths for high-speed die cutting and
"NC SPEED" for tool path optimization to reduce turnaround time in die manufacturing
Light Weighting
JOINT VENTURES
Bharat Forge Limited, the flagship company, of the Kalyani Group, and Elbit Systems Land and
C4I Ltd., a wholly owned subsidiary of Elbit Systems Ltd., on Feb. 7, 2013 announced a strategic
co-operation in India through the establishment of a new Joint Venture Company (JVC), to
address the Indian Ministry of Defense and other potential Indian government customers
requirements for the most advanced artillery and mortars systems solutions.
Bharat Forge on February 19, 2015 announced a joint venture with Israel's Rafael Advanced
The Kalyani Group announced the 51:49 defense joint venture with Rafael. The deal comes
within months of the government's move to allow 49% FDI in defense manufacturing. The 51:49
joint venture will make Spike anti-tank guided missiles for the Indian armed forces and will
involve transfer of technology from Rafael.
CHANNEL STRATEGY
They are the direct suppliers of all the automotive and non-automotive
companies
REVENUE:
As per their latest annual report, their total revenue for the year 2014 is Rs.
SWOT ANALYSIS
Strengths:
Weaknesses:
Over-dependence on Automobile
segment
Lack of in-house R&D
Less focus on small forging equipment
Opportunities:
Threats:
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