# Balu Forge Industries acquires three forging lines with 72,000 tonnes per annum capacity

Balu Forge Industries Limited (BFIL) announced the acquisition of three forging lines (hammers and presses) capable of producing 72,000 tonnes per annum of heavy forged products. The lines will be integrated into its upcoming manufacturing campus in Belagavi, Karnataka.

- Type: Acquisition
- Announced: 2024-05-21
- Where: Belagavi, Karnataka, India
- Status: announced
- Capacity: 72,000 tonnes per annum of heavy forged products
- Products: heavy forged products, crankshafts, forged components
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Balu Forge Industries Limited](https://endata.com/companies/77533.md) (acquirer)

## Sources

- [businessnewsweek.in](https://businessnewsweek.in/business/bfil-announces-acquisition-of-three-forging-lines-capable-of-producing-72k-tons-per-annum-of-heavy-forged-products/), 2024-05-21: "These newly acquired forging lines will seamlessly integrate with the precision engineering expansion taking place at its upcoming manufacturing campus in Belagavi, Karnataka"

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