CCI Clears Bharat Forge’s 100% Acquisition of AAM India with Conditions

24 Apr 2025 CW Team

The Competition Commission of India (CCI) has approved the proposed acquisition of 100% equity shareholding in AAM India Manufacturing Corporation Private Limited (AAMCPL) by Bharat Forge Limited (BFL), subject to voluntary modifications offered by the parties involved.

Bharat Forge, a global leader in forging and engineering solutions, operates across sectors such as automotive, defence, aerospace, oil & gas, and railways. It supplies forged axle sub-components both domestically and internationally.

The Target entity, AAMCPL, is engaged in the manufacture and sale of commercial vehicle axles in India.

Under the proposed transaction, before the acquisition, AAMCPL will hive off its Pune-based captive IT support and product engineering division as well as its components export business to affiliates of its parent company, American Axle & Manufacturing Holdings Inc. Additionally, e-axle assembly lines currently with AAM Auto Component (India) Pvt Ltd will be integrated into AAMCPL.

The Commission has approved the acquisition with voluntary modifications to address potential competition concerns. A detailed order will be issued in due course.

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..