Ramkrishna Forgings Enters Aluminium Forging with New Jharkhand Facility

Ramkrishna Forgings has announced its entry into the aluminium forging sector, with plans to establish a new facility in Jamshedpur, Jharkhand. The company will invest Rs 57.5 crore in the project, which is expected to have a total capacity of 3,000 tonnes per annum (TPA). The facility is set to be operational by the second quarter of FY 2025-26.

This move marks the Kolkata-based company's foray into aluminium forging, a key component in the electric vehicle (EV) sector. By producing lightweight components, Ramkrishna Forgings aims to boost vehicle performance, improve fuel efficiency, and reduce environmental impact.

The new facility will significantly expand the company’s footprint in the EV market, aligning with its long-term goals of global expansion and diversification. This strategic shift also supports Ramkrishna Forgings' focus on sustainable growth and innovation in the automotive industry.

By leveraging advanced engineering and technology, the company plans to develop solutions that cater to the growing demand for lightweight and eco-friendly automotive parts. This will strengthen their position as a leading supplier in the evolving EV landscape.

Ramkrishna Forgings’ entry into aluminium forging underlines its commitment to pioneering sustainable technologies and contributing to the future of transportation.

News by Rahul Yelligetti