Balu Forge Industries Limited announced that it has secured a major trial order to supply Powertrain sub-assemblies to a tractor manufacturer based out of the middle east. The contract is a testament to the quality of BFIL's products and its commitment to providing innovative solutions that meet the evolving needs of the agricultural industry. Under the terms of the contract, BFIL will supply a range of powertrain sub-assemblies.

These components will be used in the production of engines that will power a variety of tractors. The trial order initially comprises of supplying 10,000 sets of sub-assemblies & there is scope to increase the same to over 50,000 annually. BFIL has already started the supply under the said contract and expects to generate further revenues in upcoming quarters.

This order win is in line with the overall strategic initiatives taken by the management on expanding its presence in the international market while increasing the suite of products offerings by BFIL. This marks an entrant for BFIL in the field of powertrain sub assembly production & supplies which will build a strong foundation for the company with the objective of adding Sub Assemblies for new energy vehicles to its product mix in the near future as well.