Ramkrishna Forgings Limited, based in Kolkata, has announced its approval to supply powertrain components to the United States’ largest electric passenger vehicle producer, in a move that signals a significant stride towards pioneering electric mobility solutions. While the company did not disclose the name of the vehicle manufacturer in its announcement, sources suggest it could potentially be Tesla. This development comes just ahead of tech mogul Elon Musk’s scheduled visit to India, during which he is expected to meet with Prime Minister Narendra Modi.
In a press release, Ramkrishna Forgings described the approval as a “significant milestone” in its journey, marking the beginning of a strategic partnership that opens up a realm of exciting opportunities. “The USA’s largest electric passenger vehicle manufacturer approves powertrain components, signifying the company’s position in the electric passenger vehicle segment with a strong emphasis on powertrain components,” stated the company.
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Ramkrishna Forgings Limited, based in Kolkata, has announced its approval to supply powertrain components to the United States’ largest electric passenger vehicle producer, in a move that signals a significant stride towards pioneering electric mobility solutions. While the company did not disclose the name of the vehicle manufacturer in its announcement, sources suggest it could potentially be Tesla. This development comes just ahead of tech mogul Elon Musk’s scheduled visit to India, during which he is expected to meet with Prime Minister Narendra Modi.
Milesh Gandhi, Executive Director of Ramkrishna Forgings, expressed enthusiasm over the approval, highlighting the company’s commitment to innovation and its capabilities to meet the demands of the EV industry. “We are thrilled to have received approval from the USA’s largest electric passenger vehicle producer to supply powertrain components,” said Gandhi. He emphasized the company’s expertise gained over four decades in developing and producing forged components, enabling them to offer products that expedite market entry and save valuable development time.
The approval not only marks Ramkrishna Forgings’ debut in the US EV market but also unlocks numerous new prospects for the company, according to its statement. Ramkrishna Forgings boasts a diverse portfolio of clients across various sectors, including automotive, railways, farm equipment, bearings, oil & gas, power, construction, earthmoving, and mining, both in India and overseas markets.
In the automotive sector, the company serves as a supplier to renowned 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. Additionally, it globally supplies to tier 1 axle manufacturers like Dana, Meritor, and American Axles.
With this latest approval, Ramakrishna Forgings positions itself at the forefront of the electric mobility revolution, further solidifying its reputation as a leading supplier in the global automotive industry.