David Brown Systems India Limited part of the David Brown Group has on 9 May 2011 signed a shareholders agreement to set up a Joint Venture Company with Bharat Forge, through its wholly owned subsidiary, BFIVL.
The JV Company will be named ‘David Brown Bharat Forge Gear Systems India Limited’ and will serve the Indian heavy engineering industry, supplying both new build gearboxes and comprehensive aftermarket services to high-growth, high-demand sectors including power, mining, defence, wind, rail and steel.
The JV Company will be named ‘David Brown Bharat Forge Gear Systems India Limited’ and will serve the Indian heavy engineering industry, supplying both new build gearboxes and comprehensive aftermarket services to high-growth, high-demand sectors including power, mining, defence, wind, rail and steel.
