Reporting a consolidated net profit of Rs.212.12 crore for the last quarter of FY2020-21 against a net loss of Rs.68.59 crore in the year prior to this, Bharat Forge, an automotive, defense, and aerospace components supplier are confident of strong growth on the basis of an encouraging rebound in export markets. Said to expect robust demand in major export segments[Read More…]
Bharat Forge has announced that it has made a strategic investment of £10 million in UK-based Tevva Motors. Providing electric powertrain solutions for commercial vehicles and buses in the 7.5- to 14-tonnes weight range, Tevva Motors, with the new funding, will scale up its operations in UK and get more electric trucks onto Britain’s roads. Looking at extending the development[Read More…]
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