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Ramkrishna Forgings signs MoU with US based technology partner

07 Oct 2021 Evaluate

Ramkrishna Forgings has signed Memorandum of Understanding (MOU) with a US based technology partner for the development of Electric Vehicle Powertrain components for the Indian EV market. This marks the foray in a big way for both the entities into the EV market in India.

The technology partner is a leading expert in magnetic engineering innovations. Their expertise lies in efficiency enhancement which bestows a superior hallmark over its peers in the various industries they operate in. 

Ramkrishna Forgings is engaged in the manufacture of Screw Couplings, Draw Gear Assembly, Snubber Assembly, Hanger, Block Hanger Side Frame Key and various other forgings items of Railway Coaches and Wagon.

Peers
Company Name CMP
Bharat Forge 1851.95
Ramkrishna Forgings 689.75
MM Forgings 527.85
Happy Forgings 1862.65
Balu Forge Inds. 480.40
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