Bharat Forge subsidiary to acquire Indo Shell Mould's SEZ unit in Erode, Tamil Nadu

Bharat Forge's step-down subsidiary J S Auto Cast Foundry India has entered into a business transfer agreement to acquire Indo Shell Mould's SEZ unit in SIPCOT, Erode, Tamil Nadu. The unit has a capacity of 42,000 MTPA and supplies machined castings to automotive customers.

“This acquisition strengthens JS Auto's presence in the castings sector, expands the product offering and client base and enhances its footprint in the Indian manufacturing landscape.”theprint.in

• 1 source
• theprint.inBharat Forge subsidiary enters into agreement to acquire Indo Shell Mould's SEZ Unit in Erode – ThePrint – ANIFeedANIJan 2, 2023

Summarized from public sources; check the original articles before acting on it.