Ramkrishna Forgings Limited, a prominent provider of rolled, forged, and machined products, has begun dispatching warm forging processed parts to India’s largest axle maker. RKFL had done capex in 2021, which is now complete, and product dispatches have begun. Over a three-year period, sample supplies will allow for the acquisition of new potential business worth INR 750 million in revenue.
Commenting on the supply of sample quantities Mr. Lalit Khetan, Executive Director & CFO, Ramkrishna Forgings Limited said: “Major component manufacturers domestically as well as in exports markets have accepted our products highlighting our superior product quality. Our technologies and research and development have aided us in developing products that meet the needs of our customers, leading to the addition of new business.
Our ability to create new products has allowed us to broaden our product and customer base. We have begun supplying samples of Warm Forging processed parts to India’s leading axle manufacturer which will be followed by continuous sample submissions of various other models for process validation and the start of bulk orders as soon as possible. This process will assist us in establishing a USD 10 million business to begin with over a three-year period. Going forward, our endeavour will be to continue adding newer products to our baskets and increase the number of products per customer.”
