Ramkrishna Forgings Limited, a major provider of rolled, forged, and machined products, has inked an MOU with a US-based technology partner for the development of Electric Vehicle Powertrain components for the Indian EV market.
This is a significant entrance into the Indian EV industry for both companies.
The technology partner is a world leader in magnetic engineering innovation. Their expertise is in efficiency enhancement, which gives them a competitive advantage over their competitors in the different industries in which they operate.
