Ramkrishna Forgings Limited has secured a contract valued at US$220 million, extending over a ten-year period. This agreement signifies the company’s entry into a fresh segment within the forging industry, concentrating on serving Tier 1 clients in the Light Vehicle category throughout North America.
Established in 1981, Ramkrishna Forgings Limited was founded with the aim of producing forged products. Following the commissioning of various key production lines, including the RA Shaft line, 5″ up setter, Hollow Spindle Line, a new 7,000 Ton Press Line, a 2,000 Ton warm/hot Forming Press, and a fabrication facility, the company boasts an annualized installed capacity of 2,10,900 MT.
The company is headquartered in Kolkata and operates cutting-edge manufacturing facilities in Jamshedpur, with additional offices located in Detroit (USA), Toluca, and Monterrey (Mexico), as well as Istanbul (Turkey). It also maintains warehousing facilities in Hagerstown, Louisville, and Detroit (USA), Toluca and Monterrey (Mexico), and Westerloo (Belgium).
Over the years, Ramkrishna Forgings Limited has expanded its forging and die making capacities and has added machining and heat treatment facilities, including isothermal annealing. These advancements have enabled the company to manufacture components for OEMs and Tier 1 companies. The company holds certifications for TS 16949, OSHAS 18001, and ISO 14001, and specializes in producing closed die forgings of carbon and alloy steel, micro-alloy steel, and stainless steel.
Its products can be supplied in various conditions, including As Forged + Heat Treated + Machined and Fully assembled, based on customer requirements. Ramkrishna Forgings Limited serves a wide range of sectors, including Automotive, Railways, Farm Equipment, Bearings, Oil & Gas, Power, and Construction, as well as Earth Moving & Mining, both within India and overseas.
The company plays a critical role as a safety item supplier for undercarriage, Bogie & Shell parts for railway passenger coaches and locomotives. It is a trusted supplier to leading OEMs such as TATA Motors, Ashok Leyland, VE Commercial, and Daimler in India, and to Volvo, Mack Trucks, Iveco, DAF, Scania, MAN, UD Trucks, and Ford Otosan in international markets. Ramkrishna Forgings Limited also supplies globally to Tier 1 axle manufacturers like Dana, Meritor, and American Axles.
Winning this order solidifies the Company’s position as a key player in the global market, highlighting its dedication to innovation, quality, and customer satisfaction. This venture allows the company to expand its offerings in key markets, contributing significantly to the automotive industry’s supply chain. The aim is to deliver exceptional products that not only meet but exceed the rigorous standards of the automotive industry.
Lalit Kumar Khetan, Whole Time Director & CFO of Ramkrishna Forgings Limited, expressed, “Securing this substantial contract showcases our unwavering commitment to excellence, our customer-first approach, and our dedication to delivering exceptional products and services. We are privileged to collaborate with our esteemed Tier 1 customer and are fully committed to delivering superior quality forgings that drive value and innovation in the North American Light Vehicle segment.”
This success positions the Company to further strengthen its foothold in the automotive forging market while actively seeking opportunities for growth and expansion. This agreement underscores the Company’s standing as a pioneer in the industry, recognized for its dependability, creativity, and dedication to delivering outstanding outcomes. In the coming ten years, the Company will utilize its vast knowledge, cutting-edge facilities, and unwavering commitment to innovation to meet the terms of this contract.
