BFIL Acquires 7 Axis Machining Capability, Expands Precision Engineering Portfolio

Mumbai, India – Balu Forge Industries Ltd (BFIL) announced a new acquisition and the introduction of 7-axis machining capability, marking a significant milestone for the precision engineering company. This acquisition reaffirms the company’s commitment to reposition itself from a forging player to a value-added precision engineering product manufacturing company. These developments further cement the company's position among a very niche category of precision engineering companies possessing this technology and capability across the globe.

With the new acquisition, BFIL is now suitable for more critical offerings in a spectrum of industries with specific focus areas of aerospace, defence, and railways. It will enhance the capability of the company to offer more precision engineered components and further increase the product portfolio in these key industries.

The acquisition consists of 7 Axis CNC machines from a prominent German manufacturer and possesses the capability to machine parts up to 3 meters in length. The machines will provide the company with a unique strength in creating high-precision products from different alloys based on aluminum and titanium.

BFIL will further expand its product portfolio into high precision and critical components, namely in the areas as under:

Aerospace: turbine components, aircraft frames, engine components, landing gear components
Defence: Weapon system components & vehicle parts
Railways: Locomotive parts, frame structures, and track components
Oil & Gas: Valve Bodies and Pump Components

The introduction of this technology will aid in machining complex geometries, improve precision, increase flexibility, lead to better material utilization, and aid in the ability to machine complex products in one setup.

On the announcement, Trimaan Chandock, Executive Director, BFIL, stated, “We are pleased to share with all our stakeholders that your company has entered a very niche area of precision machining where only a handful of companies exist globally. This acquisition is a testament to our larger strategy of moving away from being a pure forging player to a precision engineering company where we stay true to our strategy towards supply of only value added/fully machined parts to our patrons globally.”

He added, “The recent acquisition will also be an enabler to strengthen the presence in more critical engineering areas of aerospace and Defence. We have maintained the strategy which was envisioned many decades ago of being a precision engineering company and only offering highly critical solutions for niche industries. Our strategy will continue to stay in line with our overall vision to propel the company to the next chapter of growth.”

Image Source: BFIL