# 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.

- Type: Acquisition
- Announced: 2023-01-02
- Where: SIPCOT, Erode, Tamil Nadu, India
- Status: announced
- Capacity: 42,000 MTPA
- Products: machined critical castings
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Bharat Forge Limited](https://endata.com/companies/19597.md) (acquirer)
- [J S Auto Cast Foundry India](https://endata.com/companies/67627.md) (acquirer)
- [Indo Shell Mould](https://endata.com/companies/67628.md) (target)

## Sources

- [theprint.in](https://theprint.in/economy/bharat-forge-subsidiary-enters-into-agreement-to-acquire-indo-shell-moulds-sez-unit-in-erode/1294696/), 2023-01-02: "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."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.