At Bharat Forges (BFL) analyst meet, the management highlighted the large opportunities in segments such as defence, railways, aerospace and PV. While acknowledging the near-term cyclical headwinds (expect flat topline growth in FY16), especially in the US CV market, along with weakness in O&G; and construction and mining segments, BFL remains hopeful of doubling its FY14 standalone revenues to Rs 70bn by FY18.