+
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 Energy

Tata Power, Suzlon Ink Rs 60 Billion Wind Energy Deal in Andhra

Tata Power has signed an agreement with Suzlon Energy to develop, construct, and supply 700 megawatt (MW) wind turbines in Andhra Pradesh. The Rs 60 billion project forms part of a 7 gigawatt (GW) renewable energy plan announced by Tata Power Renewable Energy (TPREL) and the state government in March 2025.This marks the first wind energy project in the state since 2019. The larger 7 GW programme, covering solar, wind, and hybrid projects with or without storage, is expected to attract investments of around Rs 490 billion, making it one of the state’s largest clean energy commitments.The turb..

Next Story
Infrastructure Transport

Odisha Approves Rs 12.6 Billion For 32 New Bridges

Odisha is set for a major infrastructure boost with the approval of 32 new bridges under the Setu Bandhan Yojana for FY 2025–26. The project, valued at Rs 12.6 billion, is aimed at improving road connectivity across ten districts, enhancing mobility and driving local development.The bridges will be constructed in Bolangir, Subarnapur, Nayagarh, Sambalpur, Malkangiri, Bargarh, Koraput, Jagatsinghpur, Cuttack, and Puri. Many of these areas are rural or located in difficult terrains, where improved accessibility will greatly benefit the transportation of goods and public mobility.Setu Bandhan Y..

Next Story
Infrastructure Transport

UP Plans Rs 350 Billion Gorakhpur–Shamli Expressway

Uttar Pradesh is preparing to build its largest expressway, a 700-km six-lane project that will surpass the 570-km Ganga Expressway from Meerut to Prayagraj. Designed as a greenfield project, the Gorakhpur–Shamli Expressway will cut travel time between eastern and western Uttar Pradesh to just six hours, transforming regional connectivity.The expressway will pass through 22 districts and 37 tehsils, bringing faster travel and significant economic benefits, including higher land values for farmers and employment opportunities during and after construction. A drone survey to map the route is e..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?