Bharat Forge sees non-auto rev rising to 25 pct

Newswire

MUMBAI, May 23 (Reuters) - Indian auto component maker Bharat Forge Ltd. expects its non-automotive business to make up 25 percent of its total revenue in the next few years from 17 percent now, Chairman Baba Kalyani said on Tuesday. Non-automotive business growth will be driven by oil and gas, construction and mining sectors, he said at a news conference. Bharat also hopes to ramp up its operations in China over the next 36-48 months, he said.

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