Bharat Forge to Set Up Advanced Ring Mill for Aerospace; Signs Supply Deal with Pratt & Whitney Canada

Pune, July 30, 2025 — Bharat Forge Ltd. (NSE: BHARATFORG, BSE: 500493), a global leader in precision engineering and forging, has announced the establishment of a state-of-the-art ring mill dedicated to aerospace applications. The new facility is part of its strategic expansion in the aerospace sector and follows a significant supply contract signed with Pratt & Whitney Canada for aero-engine components.

Bharat Forge Ltd Share Price Performance

The share price of Bharat Forge Ltd closed at 1,192.90, 2.25% lower than its previous close of 1220.40. The share opened at 1,225.50 and traded between 1,179.00 and 1,225.50, high to low, while the 52-week high is still marked at 1,771.20.

Strategic Expansion Into Aerospace Manufacturing

The new ring mill is designed to enhance Bharat Forge’s capacity to manufacture high-performance components for use in aerospace engines. The plant will be modern and meet the best practices in quality and traceability in the world. The plant will support both domestic and international aerospace programs, with operations scheduled to begin as early as 2026.

Management Commentary

Amit Kalyani, Vice-Chairman and Joint Managing Director of Bharat Forge, said, “We are excited to deepen our strategic relationship with Pratt & Whitney Canada through the establishment of this new ring mill. It not only reinforces our commitment to the global aerospace ecosystem but also marks a significant step in advancing India’s manufacturing capabilities in high-value aerospace components.”

Frederic Lefebvre, Vice President, Supply Chain at Pratt & Whitney Canada, commented, “This underscores our commitment to building a resilient global supply chain and advancing India’s aerospace ecosystem. Pratt & Whitney has been present in India for more than seven decades and has over 800 employees contributing to developing the next generation of dependable engines.”

Alignment with India’s Aerospace Vision

The ring mill is expected to play a pivotal role in realising India’s ambition of becoming a global aerospace manufacturing hub. By supporting both commercial and strategic aerospace programs, the facility will also enhance indigenous capabilities and contribute to Atmanirbhar Bharat goals.

About Bharat Forge

Bharat Forge Ltd., headquartered in Pune, is an Indian multinational with a presence in over five countries. It serves sectors such as automotive, power, oil & gas, defence, rail, marine, and aerospace. Known for its innovation and metallurgical expertise, BFL offers end-to-end solutions from product design to validation.

REF:https://nsearchives.nseindia.com/corporate/ANILSHINDE_30072025155722_SE_Intimation-Press_Release.pdf

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