01 - 05 - 2026

Bharat Forge acquires 30% stake in Fortuna Engineering

By Our Correspondent
Pune, May 1, 2026

Pune-based Bharat Forge Ltd (BFL) has acquired a 30% stake in Fortuna Engineering Private Ltd (FEPL) for Rs 129.60 crore, marking a foray into the precision-machining sector.

Set up in 1989, Fortuna Engineering is a manufacturer of precision-machined engine components. The firm serves major automotive Original Equipment Manufacturers (OEMs) across several sectors, including passenger and commercial vehicles, tractors, and off-highway equipment.

“We are impressed by the company’s capabilities, operating track record and reputation in the market. We look forward to working closely with the promoters and management team of Fortuna to scale the business further,” Bharat Forge Vice Chairman and Joint Managing Director Amit Kalyani said.

Fortuna Engineering plans to utilise Bharat Forge’s international reach to move into new geographies and product lines. The deal is expected to position Fortuna to pursue growth opportunities in both domestic and global markets.

“This partnership is a significant milestone for us and a strong enabler for our next phase of growth across new products, new customers and new geographies. We see this partnership as a powerful opportunity to strengthen our contribution to the ‘Make in India’ vision by building world-class capabilities in India for global requirements,” Fortuna Engineering Chairman and Managing Director Suriya Narayanan said.

The closure of the deal is subject to fulfilment of standard conditions and regulatory approvals.

Bharat Forge provides safety-critical components for sectors including aerospace, Defence, and automotive.