Ramkrishna Forgings Limited, a prominent supplier of rolled, forged, and machined products, has achieved a significant milestone by securing a USD 220 million contract. Spanning over a decade, this agreement marks the company’s foray into a new vertical within the forging sector, targeting Tier 1 customers in the light vehicle segment across North America.
This accomplishment solidifies the company’s position as a major player in the global market, showcasing its commitment to innovation, quality, and customer satisfaction. The initiative is poised to enhance the company’s footprint in crucial markets and make substantial contributions to the automotive industry’s supply chain.
Lalit Kumar Khetan, Whole Time Director & CFO of Ramkrishna Forgings Limited, commented on the development, stating, “The acquisition of this significant contract underscores our unwavering dedication to excellence and customer-centric principles. We are determined to provide superior quality forgings that bring value and innovation to the North American light vehicle segment.”
Ramkrishna Forgings Limited aims to meet the requirements of this contract over the next decade, solidifying its position as a frontrunner in the industry.