Key Points of The Plant:
- Bharat Forge Limited’s subsidiary Kalyani Powertrain Limited has launched its first-ever electric bike manufacturing plant.
- The plant is located at MIDC Chakan and was launched on March 8th, 2023.
- The production capacity of the plant is initially set at 60,000 units per annum and can be scaled up to 100,000 units per annum.
- The facility will be used to assemble e-bikes for Tork Motors Private Limited, of which Kalyani Powertrain Limited owns 64.29%.
- The move is expected to boost the electric vehicle market in India.
- The plant is equipped with state-of-the-art technology and manufacturing processes.
Details of The Plant:
Bharat Forge Limited’s E-Mobility subsidiary, Kalyani Powertrain Limited, has recently launched its first-ever electric bike manufacturing plant at MIDC Chakan on 08th March 2023. The facility boasts a production capacity of 60,000 units per annum, which is scalable up to 100,000 units per annum. This state-of-the-art manufacturing plant will serve as a hub for assembling e-bikes for Tork Motors Private Limited, a company owned 64.29% by Kalyani Powertrain Limited. The move is set to boost the electric vehicle market in India, and it’s a great initiative taken by Bharat Forge Limited towards a sustainable future.
About Bharat Forge:
Bharat Forge Ltd is an Indian multinational company involved in forging, automotives, energy, construction and mining, railways, marine, aerospace and defence industries.
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