INTERVIEW-Bharat Forge bets on renewable energy, rail

Newswire

MUMBAI, Feb 22 (Reuters) - Bharat Forge Ltd is betting on renewable energy space such as solar and biomass energy as it diversifies from its auto parts manufacturing core, a top official said on Monday. "Solar is becoming increasingly viable. Over a 3-4 year period we will target to do 100 MW, that's our target," Executive Director Amit Kalyani told Reuters. The firm, India's top forgings maker, is also expecting to substantially increase its revenues from the railway component business, ...

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