Bharat Forge's products include front axle beams, steering knuckles, connecting rods and crankshafts.

[12] As part of its risk mitigation efforts, Bharat Forge diversified into a variety of industrial sectors including oil & gas, infrastructure, and marine.

[citation needed] Bharat Forge's Investment and Windmills divisions were demerged to a new company named BF Utilities Limited on 15 September 2000.

[17] Other subsidiaries of Bharat Forge include: Kalyani Strategic Systems Ltd. (KSSL) is a defence manufacturer that supplies components and subsystems to the Indian Armed Forces, and exports to other countries.

[20][21] Indian Navy has consulted Bharat Forge to develop and supply marine gas turbine engine given the Russo-Ukrainian War that has impacted Zorya-Mashproekt, the primary supplier.

However, the Government of India assigned the ATGM programme to the Defence Research and Development Organisation, after which KRAS pivoted to producing Spice 2000 bombs.

[29] In July 2019, KRAS received a $100 million contract to produce 1,000 Barak 8 medium-range surface-to-air missiles (MR-SAM) for the Indian Army and Air Force.

[35] Alstom Bharat Forge won a contract to supply two units of 660 MW supercritical coal turbines to NTPC Limited for a power plant in Solapur, Maharashtra.

[36] Alstom Bharat Forge began production of supercritical turbines and generators at a new manufacturing facility at Sanand, Gujarat in May 2016.

[37] The company won a contract to supply two units of 800 MW ultra-supercritical steam turbine generator islands for the Telangana Super Thermal Power Project Phase-1 near Ramagundam.