LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Companies News

Bharat Forge share surges 2% as it opens R&D facility in UK

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Bharat Forge share surges 2% as it opens R&D facility in UK
The company will be developing components and sub-systems focused on Electric Vehicles at the facility. Image source: Bharat Forge website
Written By: ZeeBiz WebTeam
Updated: Wed, Jan 17, 2018
05:25 pm
ZeeBiz WebDesk

India’s leading exporter of auto components Bharat Forge's share rose over 2% today on the bourses after the company announced that it has opened a Research & Development (R&D) facility in MIRA Technology Park  in the UK .
 
Even as the company's stock saw some correction in the past one week, the stock  gave steady  56% in 1 year.
 
The company will be developing components and sub-systems focused on Electric Vehicles at the facility,  Bharat Forge said in a statement.
 
"This facility will complement the capabilities and knowledge established over the past 2 years in Kalyani Centre for Technology & Innovation (KCTI) & Kalyani Centre for Manufacturing Innovation (KCMI) in Pune focused on delivering solutions for Electric Vehicles," the statement said.
 
The Electric Mobility Research and Development Centre will be able to tap into the testing facilities at MIRA Technology Park as well as the pool of engineering talents in the Midlands, it said.
 
Commenting on the new facility, Amit Kalyani, Executive Director, said, “We are really impressed with the infrastructure and the facilities available in MIRA Technology Park and have set up a research facility focused on R&D for powertrain solutions for Electric Vehicles.”
 
“Several large global original equipment manufacturers (OEMs) and Tier 1 companies are already present at MIRA technology Park for development & testing of vehicles and systems in the EV space. The infrastructure and knowledge available would only help hasten the development for BFL and reduce our time to entry in this very important market space.”
 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Bharat Forge stockBharat Forge UK facilityMarketStock Priceboursesauto components supplierAutomobile
RELATED NEWS

LATEST NEWS

COVID-19 vaccine shot available 24X7: Here's all you need to know!

CBSE Board Exam 2021: Class 10 class 12 students don't miss this latest update: Check dates, grading system here

UPSC Prelims notification 2021 released: Exam to be held on June 27—check details

Singer Shreya Ghoshal, husband Shiladitya expecting first child; share baby name with fans

Exclusive: Power Grid InvIT IPO to be launched soon; to be game-changer for company, Anil Singhvi says

PUBG Mobile Lite 0.20.1 season 22 global update: Download APK link, check guide for global Android users

7th Pay Commission latest news: REVEALED! Salary may be affected by New Wage Code - know details

Policybazaar.com IPO: Capital boost! Check latest news here

Pradhan Mantri Kaushal Vikas Yojana: PIB Fact Check WARNS against “unscrupulous tele-callers”; you can do this

IRCTC Share Price: This Multibagger stock soars to near life-time highs! You can make money from it too, check what experts said

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved