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Ramkrishna Forgings inks pact with American axle manufacturer for light vehicle segment

08 Mar 2022 Evaluate

Ramkrishna Forgings has entered into partnership with an American axle manufacturer for the light vehicle (LV) segment. A leading axle manufacturer in the USA has encouraged Ramkrishna Forgings for an estimated business of Rs 70 crore over a five-year period, wherein the products will be used in the rear axle applications. This will help Ramkrishna strengthen its presence in the Light Commercial Vehicle segment and also help in improving its presence in the global market. 

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 2005.00
Ramkrishna Forgings 702.80
MM Forgings 615.85
Happy Forgings 2065.70
Balu Forge Inds. 508.20
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