Balu Forge has ramped up investment in defence production and has drawn plans for it. Balu had a humble beginning in the year 1989, in Belagavi, India. The initial setup was for the manufacturing of crankshafts for single-cylinder and two-cylinder applications with a limited workforce.
Within the last three decades, the company has started supplying crankshafts to OEMs and the aftermarket with a strong presence in over 80 countries.
The company is already an approved vendor to a majority of the 41 ordnance factories, part of the Ordnance Factory Board in India and for supply of 182 components to the above factories.
A large part of the capital investment for the next 10 years is planned towards defence production with also key joint ventures/technology partnerships in the pipeline.
The key areas planned in coming years are artillery, undercarriage parts for armored vehicles, weapons and ammunition for light and heavy regiments and forged and machined components for the engine division.
In addition to the Dedicated Defence Production Facility, the R&D and Innovation Campus in Belagavi, Karnataka will spearhead the strategy laid down to build advance defence systems & solutions.
Balu forge already has 2-Plants in Belagavi – 1)
43-B, Kakti Industrial Area, Kakti, Belgaum-591113, Karnataka, India and Plant Address Unit 2 – 44-A, Kakti Industrial Area, Kakti, Belgaum-591113, Karnataka, India
The R&D unit will work through 4,000 sq mtr Technology Center fully equipped with state-of-the-art equipment. The Dedicated Defence Unit is set to commercialise production from Q4/F21/22 & the R&D Center from Q2FY21/22.
The company has also secured and successfully supplied for over five years to defense forces in two prominent European countries and executed supply as a single source to these nations.
Balu industries have been supplying crankshafts to leading Original Equipment Manufacturers within India as well as to over 80 countries around the world.
We look forward to further expand our horizons to more markets worldwide and develop a brand with global dominance & leadership within the industry.
For more information visit official website of Balu Forge – https://www.baluindustries.com/