Over the years, the company increased its forging and die making capacities, and added machining and heat treatment facilities including isothermal annealing which enabled it to undertake manufacturing of components for OEMs and tier-one companies
Ramkrishna Forgings Limited, a supplier of rolled, forged & machined products, has won a multi-year order from European Tier 1 customer in the auto segment worth Rs 175 crore (EUR 20 million). The order will be implemented over a timeframe of four years.
The company said that this order has helped the company to further strengthen its international portfolio and build a robust order book. It will aid to enhance visibility and brand recall in international markets.
Commenting on the order win, Managing Director of Ramkrishna Forgings Ltd, Naresh Jalan said, “Our company has been doing exceptionally well in both national as well as international markets. We are very confident that on the back of the added capacity and revenue visibility, our company is poised for dramatic growth in near future.”
Ramkrishna Forgings has annualised installed capacity of 1.77 lakh tonnes. It has manufacturing facilities at Jamshedpur and Howrah along with offices at Detroit in the United States and Toluca in Mexico.
Ramkrishna Forgings is primarily engaged in the manufacturing & sale of forged components of automobiles, railways, wagons, and engineering parts.
Over the years, the company increased its forging and die making capacities, and added machining and heat treatment facilities including isothermal annealing which enabled it to undertake manufacturing of components for OEMs and tier-one companies.
It supplies to OEMs like Ashok Leyland, Tata Motors, VE Commercial and Daimler in India as well as in overseas markets to Mack Trucks, Volvo, and Ford. The company also supplies globally to Tier 1 axle manufacturers such as Sisamex, Meritor, Dana, and American Axle.
