Image Source : Ahmedabad Mirror
Balu Forge Industries Ltd has launched a fully automated, 100% Make-in-India empty shell production line in Belgaum, Karnataka, today. Boasting 360,000 shells annual capacity, this defence-focused facility marks a key milestone in commercialization, enhancing artillery capabilities for domestic and export markets.
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Balu Forge's new line at its Belgaum campus features dedicated forging and CNC machining for empty artillery shells (155mm), aligning with India's self-reliance in defence manufacturing. Previously in commercialization phase, operations commence amid strong Q2 FY26 results, with revenue up 344% YoY. This boosts overall forging to 150,000 tons and machining to 80,000 tons annually.
Key Highlights
Capacity Boost: 360,000 shells/year; includes extrusion forging and advanced CNC units for precision output.
Make-in-India Pride: Fully indigenous automated setup, targeting Indian government and exports to LatAm/Europe.
Vendor Status: Approved supplier to 41 Ordnance Factories; strong order book supports ramp-up.
Growth Synergy: Complements recent 12,000-ton precision machining addition (7/11-axis CNC) for defence/aerospace.
Investors eye revenue surge from defence pivot!
Sources: Business Upturn, Construction World, ICICI Direct, Prysm Wealth.
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