Baba Kalyani
Baba Kalyani
Vikas Khot
At a Glance
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Age67
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Earnings$ 2.25 Billion
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Source of earningsForgings
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Marital StatusMarried
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Children1
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ResidencePune
Forbes India Lists
#51 India Rich List 2016
#41 India Rich List Rank 2015
#39 India Rich List Rank 2014
#62 India Rich List Rank 2013
Profile
His auto parts maker Bharat Forge, which son Amit helps him run, suffered a drop in revenue and net profit in a recent quarter due to declining exports. Kalyani attributed the fall to a weak truck market in North America. The tycoon's bet on the defense sector is taking shape: later this year Bharat Forge will be testing 3 howitzer guns it has developed. The company has collaborated with Tata Motors and U.S.-based General Dynamics to bid on a $7.5 billion project to build infantry combat vehicles for the Indian army.
