Company name: Bharat Forge

Short Note:

Bharat Forge Limited, one of India’s foremost engineering and manufacturing powerhouses, specializes in forged and precision-machined components for diverse sectors. With a robust global footprint spanning India, Germany, Sweden, France, and the United States, it stands as one of the country’s top auto component exporters, boasting a net worth of $3.9 billion and an annual turnover of $1.5 billion. Complementing this strength, JS Autocast Foundry India Pvt. Ltd. contributes significantly with a production capacity of 120,000 LMT of ductile iron (DI) castings and a machining capability of 20,000 MTPA, reinforcing the group’s integrated manufacturing excellence.

Problem statement:

For Bharat Forge’s strategic Machining Expansion Project in wind gearbox castings, the company needed a domain expert to critically assess the business case, technical feasibility, and long-term viability of the initiative. Ramwin Engineering was brought in to lead this high-impact evaluation—ensuring every decision was grounded in deep industry insight and aligned with global manufacturing benchmarks.

Solutions:

  • RamWin Engineering Services worked on developing a comprehensive business case for the machining expansion project, addressing the following key aspects:
  • Product Mix Study
  • Drawing Analysis and identification of CTQs (Critical to Quality parameters)
  • Cost-Effective Machining Process Evaluation
  • Definition of Machine Specifications
  • Identification of suitable Machine Suppliers
  • Conducting Technical Discussions with suppliers
  • Obtaining and analyzing RFQs (Request for Quotation) from suppliers
  • Cycle Time Analysis for the new process
  • Capacity Analysis
  • Formulation of a business case, including calculations for ROI (Return on Investment) and IRR (Internal Rate of Return)

Approach:

  • Evaluated production trends and forecasted demand
  • Technical Analysis & CTQ Identification
  • Process & Technology Evaluation
  • Specification Development & Supplier Mapping
  • Supplier Engagement & RFQ Management
  • Cycle Time & Capacity Modelling
  • Business Case Formulation

Results:

  • Implementation of a Cost-Effective Machining Process
  • Capital Investment Reduced to One-Third compared to European equivalents 
  • Strategic Supplier Engagement and Value Engineering
  • Efficient and Proven Project Execution
  • Strong ROI and Industry-Aligned Financial Returns

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