CCI Seeks Public Comments on Bharat Forge-AAM India Acquisition
ECONOMY & POLICY

CCI Seeks Public Comments on Bharat Forge-AAM India Acquisition

The Competition Commission of India (CCI) has invited public comments on the proposed acquisition of AAM India Manufacturing Corporation Private Limited (AAMCPL) by Bharat Forge Limited (BFL). The transaction involves BFL acquiring 100% shareholding and full control of AAMCPL, including e-axle assembly lines that AAMCPL will acquire from AAM Auto Component (India) Private Limited. 
BFL is a global manufacturer of critical forged components across various sectors, including automotive, railways, defense, aerospace, and oil & gas. AAMCPL specializes in the manufacturing and sale of axles for commercial vehicles in India. BFL also has stakes in Meritor HVS (India) Limited (MHVSIL) and Automotive Axles Limited (AAL), two joint ventures engaged in similar operations. 
The CCI has raised concerns that the proposed combination may have an appreciable adverse effect on competition. As per Section 29(2) of the Competition Act, 2002, the Commission has directed the parties to publish transaction details for public awareness and invite feedback from stakeholders. 
Details of the proposed combination were published in Mint, The Financial Express, Hindustan Times, and The Indian Express on March 19, 2025 and are available on the websites of CCI and the involved companies. 
As per Section 29(3) of the Act, any person(s) affected or likely to be affected by the transaction can submit written comments, objections, or suggestions to the Secretary, Competition Commission of India. 
Submissions must be made within 10 days from the publication date. The Commission will not consider unsubstantiated objections. 
(PIB)          

The Competition Commission of India (CCI) has invited public comments on the proposed acquisition of AAM India Manufacturing Corporation Private Limited (AAMCPL) by Bharat Forge Limited (BFL). The transaction involves BFL acquiring 100% shareholding and full control of AAMCPL, including e-axle assembly lines that AAMCPL will acquire from AAM Auto Component (India) Private Limited. BFL is a global manufacturer of critical forged components across various sectors, including automotive, railways, defense, aerospace, and oil & gas. AAMCPL specializes in the manufacturing and sale of axles for commercial vehicles in India. BFL also has stakes in Meritor HVS (India) Limited (MHVSIL) and Automotive Axles Limited (AAL), two joint ventures engaged in similar operations. The CCI has raised concerns that the proposed combination may have an appreciable adverse effect on competition. As per Section 29(2) of the Competition Act, 2002, the Commission has directed the parties to publish transaction details for public awareness and invite feedback from stakeholders. Details of the proposed combination were published in Mint, The Financial Express, Hindustan Times, and The Indian Express on March 19, 2025 and are available on the websites of CCI and the involved companies. As per Section 29(3) of the Act, any person(s) affected or likely to be affected by the transaction can submit written comments, objections, or suggestions to the Secretary, Competition Commission of India. Submissions must be made within 10 days from the publication date. The Commission will not consider unsubstantiated objections. (PIB)          

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code