Pune: In a move that strengthens its position in the automotive components industry, Bharat Forge Limited (BFL) has successfully completed the acquisition of AAM India Manufacturing Private Limited for a total equity value of ₹7,46.46 crore, including ₹1,894.8 million in on-book cash reserves to fuel future growth initiatives.
The final transaction value remains subject to net working capital adjustments as of June 30, 2025.
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This strategic acquisition follows BFL’s earlier announcement dated October 17, 2024, and received regulatory clearance from the Competition Commission of India (CCI) on April 22, 2025.
Strengthening Bharat Forge’s New Mobility Capabilities
AAM India, a key supplier of components to leading OEMs across both traditional and New Mobility technologies, brings with it a robust manufacturing footprint and engineering capabilities. With this acquisition, Bharat Forge aims to complement its existing offerings by integrating advanced product solutions tailored for OEMs in India and global markets.
“We are acquiring a well-established brand in the automotive space, enabling us to diversify and strengthen our portfolio in both conventional and next-gen mobility solutions,” said a spokesperson from Bharat Forge.
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About Bharat Forge
Headquartered in Pune, Bharat Forge Limited is a leading Indian multinational and part of the Kalyani Group, known for delivering high-performance, safety-critical components across a wide range of sectors including automotive, defense, aerospace, marine, construction & mining, rail, oil & gas, and power.
With 18 manufacturing facilities across five countries, BFL offers a full-service supply chain from concept design to engineering, manufacturing, testing, and validation, serving marquee customers globally.
The company holds one of the most advanced repositories of metallurgical expertise and continues to lead innovation in engineering and mobility solutions.
