Happy Forgings has a forging capacity of 60,000 metric tonnes (MT) and a machining capacity of 20,500 MT. :
The private equity (PE) arm of financial services conglomerate Motilal Oswal will invest Rs 2 bn for a significant minority stake in Ludhiana-based auto parts maker Happy Forgings Ltd, a report in livemint.com said. Motilal Oswal is investing in the company through its third and latest private equity fund, India Business Excellence Fund. This is the first private equity investment in Happy Forgings.