+
Bharat Forge Buys AAM India For Rs 7.46 Billion
ECONOMY & POLICY

Bharat Forge Buys AAM India For Rs 7.46 Billion

Bharat Forge Limited (BFL) has completed the purchase of AAM India Manufacturing Private Limited in an all cash deal valued at Rs 7.46 billion. First announced on 17 October 2024, the takeover received Competition Commission of India clearance on 22 April 2025 and closed after final regulatory approvals.

AAM India brings a cash reserve of Rs 1.89 billion, which BFL plans to deploy for growth initiatives and technology upgrades. The final equity consideration may be adjusted for net working capital as at 30 June 2025.

The acquisition adds a long standing supplier of powertrain parts and new mobility components— including electric vehicle systems—serving major domestic and global original equipment manufacturers. Bharat Forge said the move will “complement our component range with integrated product solutions for OEMs in India and abroad.”

Strategic push into EV and new mobility
BFL will leverage AAM India’s expertise to accelerate its entry into electric powertrains, lightweight chassis parts and precision structures, reinforcing its credentials as a future ready automotive technology provider.

Positioning with global OEMs
As vehicle makers seek partners capable of scale and innovation, the addition of AAM India strengthens Bharat Forge’s ability to supply both legacy and electric platforms across passenger car, commercial vehicle and emerging mobility segments.

The takeover marks a further step in Bharat Forge’s evolution from component maker to full spectrum solutions provider in the worldwide automotive supply chain.

Bharat Forge Limited (BFL) has completed the purchase of AAM India Manufacturing Private Limited in an all cash deal valued at Rs 7.46 billion. First announced on 17 October 2024, the takeover received Competition Commission of India clearance on 22 April 2025 and closed after final regulatory approvals.AAM India brings a cash reserve of Rs 1.89 billion, which BFL plans to deploy for growth initiatives and technology upgrades. The final equity consideration may be adjusted for net working capital as at 30 June 2025.The acquisition adds a long standing supplier of powertrain parts and new mobility components— including electric vehicle systems—serving major domestic and global original equipment manufacturers. Bharat Forge said the move will “complement our component range with integrated product solutions for OEMs in India and abroad.”Strategic push into EV and new mobilityBFL will leverage AAM India’s expertise to accelerate its entry into electric powertrains, lightweight chassis parts and precision structures, reinforcing its credentials as a future ready automotive technology provider.Positioning with global OEMsAs vehicle makers seek partners capable of scale and innovation, the addition of AAM India strengthens Bharat Forge’s ability to supply both legacy and electric platforms across passenger car, commercial vehicle and emerging mobility segments.The takeover marks a further step in Bharat Forge’s evolution from component maker to full spectrum solutions provider in the worldwide automotive supply chain.

Next Story
Infrastructure Transport

Indian Railways Sanctions 237 Projects Worth Rs 1.9 Trn

The Indian Railways has sanctioned 237 projects (including 40 new lines, 17 gauge conversions, and 180 doubling schemes) totalling 9,703 km at an estimated Rs 1.90 trillion since FY23, Minister Ashwini Vaishnaw told Parliament.Additionally, 892 route surveys covering 61,462 km have been sanctioned during this period. The pace of track commissioning has increased, with 34,428 km added from 2014–2025, compared to 7,599 km from 2009–2014.This acceleration is credited to the PM Gati Shakti National Master Plan, which has improved project coordination and reduced costs through better survey met..

Next Story
Infrastructure Transport

Kernex Wins Rs 21 Crore Kavach Safety Upgrade Contract

Kernex Microsystems (India) Ltd has secured a Rs 21.03 crore order from South Central Railways to upgrade the Kavach automatic train protection (ATP) system on the Bidar–Parli Vaijnath section.The contract, awarded to the Kernex–VRRC JV, involves upgrading Kavach from Version 3.2 to 4.0 along the route between Sadashivpet Road and Parbhani. The stations themselves are excluded from the scope.The project is expected to be completed within 24 months. Kavach is India’s indigenous ATP system aimed at enhancing train safety by preventing collisions and signal-passing incidents. ..

Next Story
Infrastructure Transport

MAHSR Corridor from Maha to Sabarmati to Complete by 2029

The entire Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor is expected to be operational by December 2029, Railway Minister Ashwini Vaishnaw informed the Lok Sabha. The Gujarat segment from Vapi to Sabarmati is slated for completion by December 2027.Covering 508 km and passing through Gujarat, Maharashtra, and Dadra & Nagar Haveli, the project includes 12 stations. Japan International Cooperation Agency (JICA) is funding 81% (Rs 88,000 crore) of the total Rs 1,08,000 crore cost, with the rest shared by the Railways and the two state governments.As of June 30, a cumulative Rs 78,839 crore..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?