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Balu Forge Industries Ltd

53 employees

We have become a name symbolising quality & excellence in the field of precision engineering since our inception in 1989. Our in-house capability & state of the art automotive engineering enables us to manufacture in a large range of applications suitable for Agriculture: Tractors, Harvesters I Heavy Duty: Trucks, Buses, Trailers I Automotive I Generators: Industrial, Standby, Home backup, Portable I Oil & Gas: Pumps & Compressors I Refrigeration: Compressor I Industrial I Off Road & On Road: Motorcycles, Carts, Jet Skis I High Performance: Racing Series I Locomotive I Marine I Aerospace. We have developed a very extensive range of components for leading Original Equipment Manufacturers within India and the rest of the world & have established a strong aftermarket presence in over 80 countries. The ISO/TS16949:2009 accreditation of our units in 2012 by TUV Nord Cert Gmbh added to our competitive edge making Balu one of the very few companies to have this accreditation in the field of manufacturing crankshafts. Balu is now an avant-garde manufacturer of fully finished and semi-finished forged crankshafts and other Forged Components. Our incremental innovation & continuous strive to improve has awarded us by making us the only company to have the capability to manufacture components conforming to the New Emission Regulations & the New Energy Vehicles. We have continually strived to broaden our manufacturing base and with the acquisition of the state of the art production lines from Poland in the year 2006 and as recently as 2011 from France. Our capability has expanded to produce crankshafts up to 2.5 meters in length and our installed capacity has increased to 30,000 fully finished crankshafts per month.

Investor insights

Funding rounds participated in

$14M sweet spot round size

Investor type

Public Company

Basic info

Industry

Industrial Machinery Manufacturing

Sectors

Industrial Machinery Manufacturing

Date founded

1989

Funding rounds raised

Total raised

$14M

from investors over 1 rounds

B

Balu Forge Industries Ltd raised $14M on July 21, 2023

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