Ramkrishna Forgings has bagged another significant global order.
The North American market has awarded the corporation a $220 million (Rs 1,832 crore) deal. The business claims that this deal, which focuses on supplying Tier 1 clients in the Light Vehicle market across North America, covers more than ten years and represents its entry into a new vertical within the forging industry.
With this project, Ramkrishna Forgings believes it is well-positioned to broaden its product offering in important areas, make a substantial contribution to the automobile industry’s supply chain, and provide goods that both meet and surpass the industry’s exacting requirements.
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.”