Bharat Forge Unit Bags ₹300 Cr From Premji Invest For Expansion

INDUSTRIAL-GOODSSERVICES

Overview

JS Auto Cast Foundry, a Bharat Forge subsidiary, secured ₹300 crore in equity funding from Premji Invest. The capital infusion is slated to drive growth through casting capacity expansion, investment in medium casting capabilities, and strategic acquisitions to bolster its position in industrial and automotive applications.

Investment Fuels Growth Ambitions

This substantial ₹300 crore equity infusion from Premji Invest into JS Auto Cast Foundry (JSA), a wholly-owned step-down subsidiary of Bharat Forge Limited, marks a significant step toward accelerating the company's ambitious growth agenda. The funds are strategically allocated to expand casting capacity, develop medium casting capabilities, and pursue industry consolidation opportunities through acquisitions. JSA plays a critical role as a supplier of essential ferrous castings for both industrial and automotive applications.

Strong Performance Trajectory

Amit Kalyani, Vice Chairman & Joint Managing Director of Bharat Forge, highlighted JSA's robust performance since its acquisition in 2022. The company has achieved impressive compound annual growth rates: 17% in topline, 24% in exports, and 25% in profitability. This financial success has been accompanied by an enhanced product mix and a broadened customer base.

Strategic Partnership

Premji Invest, through its Partner Manoj Jaiswal, expressed enthusiasm for collaborating with Bharat Forge, a prominent manufacturing conglomerate. Jaiswal noted that investing alongside leading conglomerates on their growth and consolidation journeys is a core strategy for Premji Invest. The firm anticipates jointly building JSA into a leading ferrous casting platform in the country.

The announcement was made on February 2, 2026.

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