Balu Forge commences operations of precision machining line at new facility in Belgaum, Karnataka

Balu Forge Industries Ltd (Balu Forge or the Company) (BSE: 531112 | NSE: BALUFORGE), a precision engineering company engaged in the manufacturing of forged and machined components, has commenced operations of a precision machining line at the Company's new manufacturing campus in Belgaum, Karnataka. The line features 7-Axis and 11-Axis CNC machines, representing one of the first installations of this specification in the region.

The precision machining line enhances Balu Forge's capability to deliver advanced machining solutions for critical applications in railways, defence, aerospace and other precision industries. It enables the production of complex components with improved accuracy, reduced setup times and higher levels of customization. The infrastructure is designed to support the machining of parts with tight tolerances, complex geometries and quicker turnaround requirements.

The multi-axis machining line includes CNC equipment sourced from leading precision machinery manufacturers in Spain and Germany. These machines can process components up to 2.5 metres in length and across a broad range of materials including aluminium and titanium. This expands the Company's ability to manufacture critical components such as valve bodies, impellers, turbine blades, brackets & landing gear parts to name a few. The additional machining capacity from this installation is estimated at 12,000 tons per annum.

This development aligns with Balu Forge's long-term strategy to expand its precision engineering portfolio across industries and geographies, with continued emphasis on supplying fully machined components. This is in line with the commercialization of the greenfield facility in Belgaum, Karnataka with a number of high precision production lines serving critical industries namely defence & aerospace to go live in the near future in a phased manner.

Commenting on the commercialization, Trimaan Chandock, Executive Director at Balu Forge said: "This precision machining line represents a significant milestone for Balu Forge, reinforcing the Company's position within high-precision and critical machining industries. The line introduces a niche & highly precision machining infrastructure that exists only with a limited number of companies globally. With the commercialization of this line, Balu Forge is further enhancing its capacity to serve critical sectors, particularly aerospace and defence, and to deliver complex, high-precision components.

This is the beginning of one of the most important chapters yet in the company's legacy spanning of over three decades. We look forward to building a stronger foothold in the highest precision & critical engineering industries as our greenfield campus reaches commercialisation & new capacities go live across all the new production units. I am grateful towards the tireless dedication of our team across all the departments who have worked over the past couple of years to make this vision a reality."

Shares of Balu Forge Industries Ltd was last trading in BSE at Rs. 630.75 as compared to the previous close of Rs. 638.25. The total number of shares traded during the day was 19856 in over 930 trades.

The stock hit an intraday high of Rs. 647.45 and intraday low of 624.55. The net turnover during the day was Rs. 12556598.00.

Source : Equity Bulls

Keywords

BaluForgeIndustries INE011E01029 IndustrialMachinery PrecisionMachiningLine Belgaum Karnataka