Search
Contact GIC   Home   Sitemap
 
 
German Information Centre
Download  
German Institutions in South Asia  
Goethe Institutes
German Diplomatic Missions
DAAD
DFG
German Chambers of Commerce
GTZ
KfW
Political Foundations
German Schools
Resources  Resources
................................



International cooperation enterprise for sustainable development
................................


Providing support through Banking Expertise
................................


Financing development with the private sector
................................

Physikalisch-Technische Bundesanstalt (PTB)

Physikalisch-Technische Bundesanstalt (PTB) - Germany's national metrology institute
................................

................................

German Book Office New Delhi

German Book Office (GBO) New Delhi

................................


News from European Union and South Asia

................................

Foreign Policy
Germany & Asia

Bilateral Relations

Download pdf
German foreign policy in South Asia
 
CDP Bharat Forge is looking to become the world's largest forging company
© dpa - Report
Indian firm scripts success story in Germany

July 10, 2008

In 2004, Indian firm Bharat Forge Ltd (BFL) acquired the family-owned German company of Carl Dan. Peddinghaus in Germany’s biggest industrial region, the Ruhr basin. In just four years, the company is the fastest growing forging company and aims at becoming the number one forgings company in the world by 2008.

Carl Dan. Peddinghaus had a history stretching back to 1839, when it developed a range of technological innovations and had been supplying them to large firms ever since. But in the face of growing competition from India and China, the company had to file for insolvency. It was at this time that one of Asia’s biggest volume manufacturer of steel and aluminium forgings took over the ailing German company, invested €15 million over a period of two years and turned CDP into a thriving development centre.

In 2007, CDP Bharat Forge GmbH (CDP BF) reported an annual turnover of €158 million. The company still focuses on components for the car industry and counts BMW, Volkswagen, Audi, DaimlerChrysler, Volvo, Scania and Ford among its clients. CDP BF has two plants – one in Ennepetal with 600 employees and one in Daun/Vulkaneifel with 160 employees. Bharat Forge has also taken over the company CDP Aluminium Technik in the state of Saxony.

Speaking to german-info.com on how Bharat Forge scripted this success story, Mangaging Diector of CDP Bharat Forge, Michael P. Kasperski, said, “BFL Chairman, B.N. Kalyani, took care that all press lines at CDP BF were fully loaded and employees were able to have a stable income. BFL also shifted business from India to Germany. With the combination of excellent technology, human resources and available capacity in India and Germany we could convince our customer base to provide high volume orders. We were also able to minimize risks by splitting the volume into a German and an Indian portion (dual shoring model). Finally both companies, BFL and CDP BF, received many new orders.”

BFL, the flagship company of the €1.5 billion Kalyani Group, manufactures various forged and machined components for the automotive and non-automotive sector. Since commencement of operations in 1966, BFL has achieved several milestones and is today among the largest and technologically most advanced manufacturer of Forged & Machined components. As one of India’s emerging multinationals, the company has manufacturing operations across 12 locations and six countries - four in India, three in Germany, one each in Sweden, Scotland, USA and two in China.

Focusing on expansion, Bharat Forge Daun built an additional production hall to house all new machines and equipment for truck components. With the brand new investment for MAN, which will go into production in mid-2008, the Daun plant will machine 250,000 heavy truck knuckles per annum.

Says Kasperski, “BFL has a clear focus on high-tech development. All investments needed to expand capacity and to implement new technologies, which are a part of our common long-term strategy, have been approved.”

Looking at becoming the number one forging company of the world by 2008, CDP BF is focusing on innovation, technology, new products, new processes, automation, more value-addition and full service capability for OEMs.



by Sakshi Arora
© German Information Centre New Delhi
back  Back   Share | Print story | Email story