Bharat Forge, India, saw its share price rise by nearly 3% on March 6, 2025, after announcing a partnership between its subsidiary, Kalyani Powertrain, and Taiwan’s Compal Electronics. The collaboration aims to manufacture servers in India, aligning with the government’s “Make in India” initiative.
Bharat Forge, a leading Indian multinational known for its expertise in metal forging and manufacturing, saw its share price surge nearly 3% on March 6, 2025, following the announcement of a strategic partnership. Its subsidiary, Kalyani Powertrain, has partnered with Taiwan’s Compal Electronics to manufacture servers in India, supporting the “Make in India” initiative.
According to Bharat Forge’s official statement, Kalyani Powertrain and Compal Electronics have signed a Memorandum of Understanding (MoU) to develop locally manufactured server solutions. Under this partnership, Compal Electronics will provide technological support, overseeing local production, assembly, testing, and final sales of servers in India.
Kalyani Powertrain, a wholly-owned subsidiary of Bharat Forge, has also entered into a technology licensing agreement with Compal Electronics to manufacture the X86 platform servers.
It gives us immense pleasure to partner with a global leader like Compal for manufacturing servers in India. This partnership will enhance India’s manufacturing competitiveness.”
Amit Kalyani, Vice Chairman & Joint MD of Bharat Forge
In February 2025, Kalyani Powertrain announced the launch of its first “Make in India” servers from its advanced manufacturing facility in Pune, Maharashtra. The company highlighted that the factory is set to boost local businesses, attract investments, and contribute significantly to the region’s manufacturing sector.
Bharat Forge Share Price Movement
On March 6, 2025, Bharat Forge’s share price opened at ₹1,071.85 on the Bombay Stock Exchange (BSE), higher than the previous closing price of ₹1,057.45. The stock reached an intraday high of ₹1,089.95 before closing at ₹1,086.50, marking a 2.75% increase.
This latest development reinforces Bharat Forge’s commitment to expanding its technological capabilities and boosting India’s position in the global electronics and manufacturing sectors.
