Ramkrishna Forgings, one of the leading suppliers of rolled, forged, and machined products has bagged another significant global order.
The company has secured a contract of $220 million (Rs 1,832 crore) from the North American market. This contract it says 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.
With this venture, Ramkrishna Forgings says it is poised to further expand its offering in key markets and contribute significantly to the automotive industry’s supply chain and aims to deliver products that meet and exceed the rigorous standards of the automotive industry.
Lalit Kumar Khetan, Whole Time Director & CFO, Ramkrishna Forgings 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.”
