Balu had a humble beginning in the year 1990, in Belagavi.
The initial set up was for manufacturing of crankshafts for single cylinder & two cylinder with a limited workforce. Within the last decade the company is supplying to OEM companies and the aftermarket presence has since expanded to over 80 countries.
In 1990, Balu India was the first company in India to mass-produce Crankshafts suitable for Tractor, Trucks and Passenger car applications. Two decades later Balu has gained an excellent reputation in the world market.
The R&D and Innovation Campus in Belagavi will spearhead the strategy laid down to build advance defence systems & solutions.
The Foundation for Balu was laid by Mr. Jaspal Singh Chandock under the guidance of late Mr. Prehlad Singh Chandock & the company has risen to new heights with a consistent year on year growth. The manufacturing of engine components has always been core the to the vision for Mr. Jaspal Singh & a presence in over 80 countries has led to the establishment of global brand strong in its values & integrity
In 2018 the foundation stone was laid for a Machining Plant Land Area: 25 Acres Full Fledged Built up Land approximately 500,000 Square Feet with Machinery at the Kakti Industrial Area.
Balu Forge has ramped up investment in defence production and has drawn plans for it.
The company is already an approved vendor to a majority of the 41 ordnance factories, part of the Ordnance Factory Board in India and for supply of 182 components to the above factories.
The R&D unit will work through 4,000 sq mtr Technology Center fully equipped with state-of-the-art equipment. The Dedicated Defence Unit is set to commercialise production from Q4/F21/22 & the R&D Center from Q2FY21/22.