Ramkrishna Forgings bags USD 220 mn deal to supply to LV segment in N America, ET Auto

Ramkrishna Forgings Limited, one of the leading suppliers of rolled, forged, and machined products, secured a contract worth USD220 million in the North American market. This contract spans over a decade and marks the company’s foray into a new vertical within the forging sector, focusing on supplying Tier 1 customers in the Light Vehicle segment across North America.

The order win solidifies the company’s position as a key player in the global market and underscores its commitment to innovation, quality, and customer satisfaction. With this venture, the company is poised to further expand its offering in key markets and contribute significantly to the automotive industry’s supply chain and aims to deliver top-notch products that meet and exceed the rigorous standards of the automotive industry.

Lalit Kumar Khetan, Whole Time Director & CFO, Ramkrishna Forgings Limited, said, “Securing this substantial contract is a testament to our relentless pursuit of excellence, customer-first approach and our dedication to delivering exceptional products and services. We are honoured 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. With this, the Company is poised to further strengthen its foothold in the automotive forging market while continuing to explore avenues for growth and expansion.”This contract reaffirms the company’s position as an industry leader known for its reliability, innovation, and commitment to delivering exceptional results. Over the next decade, the Company will leverage its extensive expertise, state-of-the-art facilities, and relentless pursuit of innovation to fulfil the requirements of this contract.

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETAuto App

• Get Realtime updates
• Save your favourite articles

Scan to download App