Bharat Forge board approves restructuring of steel forging ops of German subsidiary

Bharat Forge's board has approved a significant restructuring of its German steel forging arm, Bharat Forge CDP GmbH. The company is considering closing down operations in Ennepetal, Germany. This move stems from ongoing market challenges and cost disadvantages faced by the subsidiary.

from Industry-Economic Times https://ift.tt/cVg3H0z
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