Bharat Forge Ltd has announced that one of its subsidiaries has secured an investment worth 3 billion rupees from Premji Invest. The funding will accelerate growth in advanced manufacturing, clean energy solutions, and technology-driven initiatives, strengthening Bharat Forge’s position in India’s industrial and innovation ecosystem.
Bharat Forge Ltd, a leading global engineering and manufacturing company, has confirmed that its unit has received a strategic investment of 3 billion rupees from Premji Invest, the investment arm of Wipro founder Azim Premji. The capital infusion is expected to support expansion in high-growth sectors, including clean energy, advanced automotive components, and industrial technology solutions.
The partnership highlights Bharat Forge’s commitment to innovation and sustainability, while Premji Invest’s backing underscores confidence in the company’s long-term growth potential. The funds will be utilized to scale operations, enhance R&D capabilities, and strengthen Bharat Forge’s footprint in emerging industries.
Key highlights from the announcement include
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Bharat Forge unit secures 3 billion rupee investment from Premji Invest.
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Funding to support clean energy, advanced manufacturing, and technology-driven initiatives.
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Capital infusion will enhance R&D and operational expansion.
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Premji Invest’s participation reflects confidence in Bharat Forge’s growth strategy.
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Move aligns with India’s push for industrial innovation and sustainability.
Industry experts note that this investment positions Bharat Forge to capitalize on opportunities in renewable energy, electric mobility, and advanced engineering solutions. The collaboration is expected to drive long-term value creation and reinforce India’s industrial growth story.
Sources: Economic Times, Business Standard, Moneycontrol