Bharat Forge to invest $75 million in non-automotive trade

31 Jul, 2006

Indian auto parts maker Bharat Forge Ltd plans to invest Rs 3.5 billion ($75 million) in its non-automotive business, a senior company official said. The company expects to earn an incremental revenue of 10 billion rupees over the next five years from the non-automotive business.
"We are targeting new avenues for growth in the non-automotive components business.

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