About Balu Forge

Precision Forged & Machined components

Company Overview

A Diversified Manufacturing Enterprise

Balu Forge Industries Ltd. has evolved from a focused crankshaft manufacturer into a publicly listed precision engineering company serving multiple high-performance sectors.

Through phased expansion, infrastructure investments, and capability enhancement, the organization has built a strong industrial foundation with global reach.

Who we are

Engineered for the Future

Founded in 1989 in Belgaum, India, Balu Forge Industries has grown from a trusted name in crankshaft manufacturing into a global leader in precision engineering and metal forming. While our legacy was built on world-class crankshafts, we have actively adapted to the changing times by highly diversifying our product portfolio. Today, with strong in-house capabilities and advanced engineering infrastructure, we manufacture a vast spectrum of components serving the aerospace, defence, railway, oil and gas, agriculture, and automotive sectors.

Over the years, guided by three generations of the Balu family, we have built a robust portfolio supplying to leading OEMs in India and globally. We are proud to be the supplier of choice to over 25 OEMs across the world, supported by a well-established export and distribution network in over 80 countries. Our continuous commitment to global quality standards is reinforced by our dedicated R&D facilities and stringent in-house metallurgical testing, ensuring we meet the most demanding industry requirements

Powered by fully integrated manufacturing facilities featuring state-of-the-art forging lines, advanced 7-axis and 11-axis CNC machining, and a highly skilled workforce of over 1,000 personnel, we ensure unparalleled scale and efficiency. From 1 kg precision parts to 1,500 kg heavy components measuring up to 3 meters in length, we leverage the best Industry 4.0 practices to manufacture every product to exact OEM specifications, delivering the precision, reliability, and performance our partners rely on.

Mission & Vision

We aim to always UNDERPROMISE & OVERDELIVER in all our ventures.

Balu will continuously strive to be a preferred supplier of precision components to OEMs in India and around the world. Balu aims to enhance and grow its reputation as one of the world's most respected manufacturing companies by exceeding customer expectations, providing an engaging and supportive work environment, and delivering financial success.

While pursuing the above, we will ensure that we establish a robust management system so as to enhance the customer's experience in dealing with us, satisfaction of all stakeholders, and due consideration to the environment.

Our Presence

Expanding Across Markets

Headquartered in Mumbai, with manufacturing facilities in Karnataka and expanding international operations, Balu Forge Industries serves customers across 80+ countries.

Our growing distribution network strengthens proximity to global OEMs and aftermarket partners.

Registered Office:

Core Competency

The Core Competencies which distinguish Balu from its competitors & the pillars which have ensured the building of a strong brand worldwide are as below:

1

Complete CNC manufacturing capability with all forging and machining operations carried out in-house

2

Over three decades of experience in precision engineering

3

Diversified product portfolio serving multiple industrial applications

4

Supplier of choice for leading OEMs in India and globally

5

State-of-the-art manufacturing infrastructure supported by advanced technologies

6

Fully integrated operations covering concept, product design, engineering, manufacturing, testing, and validation

7

Dedicated R&D facility focused on innovation and product development

8

In-house tool room for die development and manufacturing support

9

Strong focus on new energy vehicle components and emerging mobility solutions

10

Capability to manufacture components ranging from 1 kg to 1500 kg and up to 3 meters in length

11

Supply base of 25+ OEM customers across India and international markets

12

Global presence in over 86 countries with a well-established brand reputation

History

Our dedication to continuous growth and innovation ensures that we consistently deliver exceptional care and services, meeting the unique needs of every individual we serve.

1989

The foundation of ‘Balu’ was laid by Mr. Prehlad Singh Chandock

1991

First component manufactured in our factory

1995

First component exported to an overseas market

2006

Acquisition & Installation of the Ursus Manufacturing Plant from Ursus, Poland

2010

Acquisition & Installation of the Thyssenkrupp Plant from L’horme, France

2011

The company successfully achieved the milestone of building a presence in over 80 countries worldwide

2012

Got accredited with ISO/TS16949:2009 accreditation from world renowned company TUV NORD

2014

Achieved manufacturing of 1000 crankshafts in a single day

2017

Became a supplier of Choice to over 25 OEs spread over 5 Continents

2020

Got Accredited with the 14001:2015 & ISO 45001:2018 Certifications. Became an Approved Vendor to the Ordnance Factory Board & established a special- ized manufacturing unit for the Defence Industry. Balu completed the transition & listing on the Stock Exchange. The constitution of the company was changed to public limited company

2021/2022

Acquired the Precision Machining Unit of the Mercedes Benz Truck factory from Mann- heim, Germany

Balu successfully completed the ESG audit by a reputed audit firm & joined the United Nations Global Compact Program in its efforts to be ESG compliant

2023

Laid the foundation for the greenfield forging & machining facility spread over 46 Acres in Belgaum, India

2024

Acquisition of 3 fully automated forging lines with GERB Technology namely: 16T, 10T Forging Hydraulic Hammer & 8000T Forging Press. These machines contribute to a combined forging capacity of 72,000 tons annually

2024/2025 - Present

Invested in 7-axis and 11-axis machining capability, 25T hydraulic hammer line & a fully automated empty shell & mortar production line with an annual capacity of 360,000 shells

Leadership with Industrial Experience

The company is guided by experienced promoters and a professional management team focused on operational excellence, financial prudence, and strategic sector expansion.

Mr. Jaspal Singh Chandock

Managing Director

A Mumbai based & 2nd generation entrepreneur with decades of experience & investments in a vast sphere of industries. The Foundation for ‘Balu’ was laid by Mr. Jaspal Singh Chandock under the guidance of late Mr. Prehlad Singh Chandock & the company has risen to new heights with a consistent year on year growth. The manufacturing of engine components has always been core to the vision for Mr. Jaspal Singh & a presence in over 80 countries has led to the establishment of a global brand strong in its values & integrity under his leadership.

Mr. Trimaan Singh Chandock

Executive Director

A young & dynamic leader with a MSc & a BSc in Management Studies from H.R College, Mumbai. A 3rd generation entrepreneur who joined the company in 2009. A visionary with a keen interest in innovation in the field of manufacturing. The company has had incremental innovation in the core of its practices since the joining of Mr. Trimaan Chandock. The introduction of the same led to greater productivity, flexibility & speed in the manufacturing plants. The shift to the OEM business had been undertaken after the achievement of the TS16946 status under the leadership of Mr. Trimaan Chandock. The Strategic Decision for the Transition of Balu to a Publicly Listed Enterprise has been his brainchild & he has established the structure to build Balu into a truly global enterprise.

Mr. Jaikaran Singh Chandock

Marketing Director

The youngest & newest recruit who joined the business in 2014 after completion of BSc in Business Management from Cass Business School, London & MSc in Strategic Marketing from Imperial College, London. He has had Previous experience in MNCs such as Reeves & Njoy E-cigs & a notable achievement at the college level was that he was crowned the winner of an Entrepreneurship challenge amongst 50,000 participants. As entrepreneurship runs in the family, the recent addition has led to application of new technology in the company & further diversification to a range of Precision Components.

Culture

A disciplined work environment built on accountability, technical excellence, and continuous improvement.

1

Respect

We value every individual and treat everyone with dignity and respect.

2

Honesty

We communicate openly and transparently in everything we do.

3

Commitment to Quality

We take pride in delivering high-quality work that drives real impact.

4

Growth

We encourage learning, embrace change, and strive to be better every day.

5

Teamwork

We collaborate, support each other, and achieve more together.

Certificates

Operations are aligned with globally recognized certifications including

IATF 16949 - 2016

ISO 9001 - 2015

ISO 14001 - 2015

ISO 45001 - 2018