# Balu Forge Industries acquires forging lines for Belagavi plant

Balu Forge Industries has acquired three advanced forging production lines capable of manufacturing 72,000 tons of forged products. The lines will be installed in a new greenfield project in Belagavi, Karnataka, India.

- Type: Investment
- Announced: 2024-05-21
- Where: Belagavi, Karnataka, India
- Status: announced
- Capacity: 72,000 tons of forged products per year
- Products: forged products, closed die forgings, mechanical press forgings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.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)

## Sources

- [angelone.in](https://www.angelone.in/news/share-market/balu-forge-industries-expands-advanced-forging-facility-belagavi), 2024-05-21: "These recent three acquisitions are not only value accretive in terms of business financials but also a start of the new chapter for Balu Forge Industries Ltd."

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