Bharat Forge invests $40 million in its American operations
Funding earmarked for BFAL's aluminum forging facility capital expenditures, following a $60.73 million turnover in fiscal year
In a regulatory filing on BSE, Bharat Forge, a supplier of aluminum parts for the automotive parts, announced that it has invested $40 million in its fully owned subsidiary, Bharat Forge Aluminum USA Inc. (BFAL). The investment will be used as BFAL’s capital expenditure for aluminum forging facility.
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