Premji Invest Infuses ₹300 Crores into Bharat Forge’s JS Auto Cast
#BharatForge #PremjiInvest #ManufacturingIndia #JSAutoCast #InvestmentNews #AutoComponents #IndustrialGrowth #MakeInIndia“We are excited to partner with Bharat Forge, a premier engineering and manufacturing conglomerate in the country. Collaborating with leading conglomerates on their growth and consolidation journey is one of our strategic pillars. Through our investment in JSA, we look forward to jointly building a leading ferrous casting platform in the country. ” - Manoj Jaiswal, Partner - Premji Invest
February 2026 : In a move set to reshape the Indian industrial landscape, JS Auto Cast Foundry India Private Limited (JSA), a wholly-owned stepdown subsidiary of Bharat Forge Limited, has secured a strategic equity investment of ₹300 crores from Premji Invest (PI).
The primary infusion marks a significant milestone for JSA, a leading supplier of critical ferrous castings for the automotive and industrial sectors. Upon completion of the transaction, Premji Invest will hold a 23% stake in the company on a fully diluted basis.
The fresh capital is earmarked for an aggressive growth roadmap. JSA plans to utilize the funds to: expand existing casting capacities, invest in specialized medium casting capabilities and drive industry consolidation through strategic acquisitions.
Since its acquisition by Bharat Forge in 2022, JSA has emerged as a high-performer within the group's portfolio. Amit Kalyani, Vice Chairman & Joint Managing Director, Bharat Forge, highlighted this trajectory: “Since 2022 when we acquired JSA, the company has delivered excellent financial performance with topline, exports and profitability growing at a CAGR of 17%, 24% and 25% respectively, while enhancing its product mix and customer base. We are delighted to partner with Premji Invest (PI), a renowned and highly respected investor, in the next phase of JSA’s growth journey”
For Premji Invest, the investment aligns with its core mandate of backing leaders in the industrial and manufacturing space. Manoj Jaiswal, Partner at Premji Invest, noted: “We are excited to partner with Bharat Forge, a premier engineering and manufacturing conglomerate in the country. Collaborating with leading conglomerates on their growth and consolidation journey is one of our strategic pillars. Through our investment in JSA, we look forward to jointly building a leading ferrous casting platform in the country.”
With PWC Investment Banking serving as the sole financial advisor, this deal underscores a growing confidence in India's manufacturing prowess and the critical role of high-performance components in global supply chains.
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