Synopsis: Azad Engineering Limited shares jumped 10% after inaugurating a 7,600 sq. m. precision manufacturing facility in Hyderabad for Baker Hughes, strengthening its global supply chain role in high-precision components.
The shares of this company are a manufacturer of aerospace components and turbines and supplies its products to OEMs in the aerospace, defense, energy, and oil and gas industries are in the spotlight after it rose by 10% in today’s session following inaugurating a dedicated high-precision facility for Baker Hughes.
With a market capitalisation of Rs. 13,627 cr, the shares of Azad Engineering Ltd were trading at Rs. 2114.50 per share, jumping 10% in today’s market session, making a high of Rs. 2149.85, up from its previous close of Rs. 1947.85 per share.
What’s the News
Azad Engineering Ltd has inaugurated a 7,600 sq. m. advanced lean manufacturing facility in Hyderabad. The unit is designed to support its long-term partnership with global energy technology major Baker Hughes. This expansion strengthens Azad’s role in high-precision global supply chains and marks another step in its capacity-building journey.
The facility is engineered to produce complex, mission-critical components for gas and steam turbines with micron-level accuracy. It follows strict global quality standards and integrates advanced manufacturing systems, skilled manpower, and efficient production flows to meet large-scale industrial requirements.
Azad’s relationship with Baker Hughes began in 2018 with highly demanding component supply programs. Over time, it has evolved into a strategic global manufacturing partnership, supported by rigorous qualification processes, process validations, and certification of specialised supply chains.
With around 230 skilled professionals and advanced infrastructure, the facility is part of Azad’s broader Centre of Excellence ecosystem. It reflects India’s growing strength in precision engineering and reinforces the country’s position in global aerospace and energy manufacturing value chains.
Management Commentary
Mr. Davide Marrani, Vice President – IET Operations at Baker Hughes, said that the new facility is an important milestone that strengthens the company’s global supply chain and supports long-term growth. He added that it enables scalable, high-quality manufacturing and highlights the importance of strong partnerships in building a resilient global ecosystem.
From India’s policy perspective, Shri D. Sridhar Babu, Hon’ble Minister for Industries & IT, Government of Telangana, stated that the facility is a proud example of “Make in India” and “Make in Telangana.” He noted Telangana’s strong growth in precision engineering and said such collaborations are positioning the state as a global hub for engineering innovation.
On the company side, Mr. Rakesh Chopdar, Chairman & CEO of Azad Engineering Limited, said the facility is a major milestone in its 8-year journey with Baker Hughes. He emphasised that it is a dedicated, world-class manufacturing setup designed for high-precision, high-volume production with micron-level accuracy, reflecting confidence in India’s manufacturing capabilities.
Additionally, Mr. Vishnu Malpani, Executive Director of Azad Engineering, highlighted that the facility is the result of years of disciplined investment in quality systems, process validation, and supply chain development. He added that it is built to meet some of the world’s most stringent OEM standards and positions the company to support growing global demand in energy and related sectors.
Azad Engineering Ltd is one of the leading global precision manufacturing companies that focuses on producing highly complex and engineered components used in critical applications across aerospace & defence, energy, oil & gas, and industrial technology sectors.
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