India's Bharat Forge, a Pune-based global leader in forging production, is
reportedly planning to acquire a 44% stake in Shanthi Gears Ltd.
Coimbatore-based Shanthi Gears is India's second-largest industrial gear maker.
The acquisition, if successfully completed, will help Bharat Forge increase its
presence in industrial gear markets serving power, defense, wind, rail, metals
and other industries. This move follows last year's establishment of a
gear-making joint venture between Bharat Forge and the David Brown Group, David
Brown Bharat Forge Gear Systems India Ltd.
I want to hear from you. Tell me how we can improve.
Check out the April 2021 issue of FORGE, featuring our cover story on the "Ovako's Vacuum Degassing Process Improves Forging-Steel Grades", "Back to the Future: Revisiting AM Predictions from 2012", "Viral Marketing during COVID-19", and much more.