At Bharat Forge, we are focused on driving smart engineering to deliver solutions that enable us to respond to the customer’s evolving needs. We are embracing better technologies and building an ecosystem of innovation to take forward this legacy and strengthen our competitiveness.

SDGs Impacted

Reinforcing Product Development Capabilities

In FY 2022, we have undertaken efforts to step-up our new product development (NPD) efforts to win in a changed world with increased competition intensity and penetration of emerging technologies. Key measures undertaken towards this include:

Digitalization of NPD and upgrading systems

We have completely digitalized NPD to ensure fast flow of information and expedite processes. We have also upgraded the entire engineering set-up with latest configurations, to better equip people in conducting activities like modeling, analysis and simulation among others.

Optimization of RFQ template process

We have started sharing request for quote (RFQ) template process across a wider audience internally. Further, a specific process has been adopted to analyze the RFQ which cover determining the business potential and understanding the commitments, expectations and exact requirements by engaging with customers or procuring information from public sources. This has brought better clarity and is ensuring a sharper focus in terms of executing new programs.

Proactive approach of providing value-adds

We have started proactively providing value-add suggestions to customers during the RFQ process through undertaking detailed analysis. This is enhancing our reputation as technology and R&D driven engineering Company rather than just a component manufacturer.

Simulations to provide optimal solutions

Leveraging our extensive simulation capabilities, we have initiated providing simulations to customers even prior to getting the orders at the estimation stage. This is enabling us to provide most optimal product engineering solution and thereby strengthening our reputation, enhancing chances of winning orders and driving customer stickiness.

GATE reviews

We are conducting GATE reviews including that with the senior management on a weekly basis. It involves undertaking detailed scrutiny of RFQs and taking inputs from wider audiences. This is helping in better responding to customers.

Creating Pockets of Excellence

We have undertaken a robust skilling program aimed at developing multi-tasking capabilities across our engineering team to ensure everyone alongside their areas of expertise have basic knowledge of using various tools and technologies. This is facilitating in better resource allocation and reducing our dependence on key people.

Collaborative Engineering

We have multiple product development centers across multiple locations and subsidiaries. There is a strong focus on driving synergies among them and leveraging their respective competencies to strengthen competencies and market competitiveness.

Proactive fast-track Product Development

In FY 2022, we have initiated to develop products, on a proactive basis, for customers without getting RFQs. This is enabling us to exhibit our capabilities in engineering and manufacturing challenging parts, and thus opening opportunities to for business development.

Awards and Accreditations Won