This technology has been designed and engineered by KPIT Technologies Ltd. and the product will be manufactured through a joint venture (JV) of Rs. 100 crore (initial) between Bharat Forge Ltd and KPIT.
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Babasaheb Neelkanth Kalyani is an Indian businessman who serves as the chairman and managing director of Bharat Forge, the flagship company of the Kalyani Group and the world's second-largest forgings manufacturer after ThyssenKrupp of Germany.
He is a member on the Board of Directors of Bharat Forge Limited, Pune, Eveready Industries India Limited, Kolkata, National Collateral Management Services Ltd., The Federal Bank Ltd., NABARD Consultancy Services (P) Ltd.