India aims for Rs 3 lakh crore in defence production and Rs 50,000 crore in exports by 2029, setting the nation up as a reliable global defence partner, and Bharat Forge is leveraging on strategic partnerships and indigenous capabilities to increase its share in this business.
The electronics division of Kalyani Powertrain announced the plans on February 24, calling it a major milestone for India's server infrastructure, and plans to integrate AMD's technology with domestically manufactured solutions.
Kalyani also said capital formation in the country is insufficient to meet the ambitious target of 7-8% growth
Art collector and artist herself, a philanthropist, Shalini Passi wears many hats and is a proud Delhiite at heart. The entrepreneur has been winning hearts by being her true self and positive demeanor in the hit show Fabulous Lives Vs. Bollywood Wives Season 3, which is streaming on Netflix.
Anticipating significant expansion in the defence sector, Baba Kalyani mentioned that in the upcoming years, the defence business could potentially surpass the company's core business in terms of size.
Green steel is a variety manufactured without the use of fossil fuels. It is produced by using low-carbon energy sources such as hydrogen, coal gasification or electricity rather than coal-fired plants.
World‘s largest forging company, Bharat Forge, yesterday reported a weak set of numbers. But, company‘s Executive Director, Amit Kalyani believes that the downturn has ended and the company is back on growth trajectory.
The company hasn't lost any market share but posted poor result on account of weak demand and inventory de-stocking, said Amit Kalyani, ED of Bharat Forge.
Amit Kalyani, Executive Director, Bharat Forge says he expects maximum growth recovery in North America and India in the near future.
In an interview to CNBC-TV18, Amit Kalyani, executive director, Bharat Forge shares his views on the company's growth and demand coming from Greece.
Kalyani expects the company‘s local operations to generate Rs Rs 7000 crore of revenues by FY17-18, an increase of around 50 percent.
Given that the Gujarat plant will be funded via internal accruals, the investment will happen over a phased period, based on order, said Amit Kalyani, Executive Director, Bharat Forge.
An improving performance in the US and European truck markets is expected to provide a boost to Bharat Forge‘s fourth quarter earnings, the company's executive director Amit Kalyani told CNBC-TV18 in an interview.
Amit Kalyani, Executive Director, Bharat Forge says exports are expected to be flat to slightly positive compared to this quarter, and domestic market too should be slightly better.
Bharat Forge company‘s debt of Rs 500 crore would get reduced from its consolidated balance sheet on JV exit and it would receive Rs 175 crore cash.
The whole Diwali pool is not translating into much action on the ground. So there isn‘t too much positive sentiment in the domestic market, says Bharat Forge executive director Amit Kalyani.
Auto components maker Bharat Forge is hopeful of sustaining margins in its Europe subsidiary on improved demand.
In an interview to CNBC-TV18, Amit Kalyani, Executive Director, Bharat Forge addressed the Q2 earnings of the company which declined marginally to Rs103 cr in the July-September quarter of FY13 from Rs106 cr in a year ago period.
Amit Kalyani, executive director of Bharat Forge says, there would be slight weakness in the coming quarter. "Hopefully, second half should be a little better," he adds.
Amit Kalyani, Director of Kalyani Steel, in an interview on CNBC-TV18, spoke about the latest happenings in his company and sector.
Bharat Forge, the world's second largest forgings maker, expects its joint venture with France's Alstom to start production in 2013, as it continues to increase non-automotive revenue.
BF Investments and Kalyani Investments listed today on the bourses. Amit Kalyani, ED of Bharat Forge, in an interview on CNBC-TV18 says BF Investments is essentially the investment division of BF Utilities. “The market value of this listed entity is anywhere between Rs 600-700 crore.”