An Indian multinational, Bharat Forge Ltd. (BFL) attained world-leader standing in forgings by a string of purchases in Europe and the United States. The requirement to be close to international automobile majors and to participate in growth markets led BFL to a joint venture with all the China-based FAW Corporation.
However, while moving towards growth and also a strategy for international range expansion, shifts in the environment took BFL on a path towards a more de-risked portfolio. Following the divestment of its holding in the United States, BFL needed to reexamine the continuance of its position in the joint venture. Vasant Sivaraman is connected with S.P. Jain Institute of Management & Research.
PUBLICATION DATE: March 03, 2015 PRODUCT #: W15047-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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