Ramkrishna Forgings wins $16m export order in North America

Ramkrishna Forgings Limited, an Indian supplier of rolled, forged and machined products, said that it has won an export order worth INR 131.5 crores ($15.9 million) in the automobile segment in North America.

The supply order is for its application in North America heavy commercial vehicles (HCVs) from a Tier 1 Rear & Front Axle manufacturer customer. The order will be executed over a span of four years.

Lalit Khetan — Ramkrishna Forgings Executive Director and CFO said: “Our strong technical capabilities in the commercial vehicle segment assisted us in obtaining this business order from one of the largest TIER-1 manufacturers for use in the North American HCV segment. This is in line with our strategy of increasing our revenue share and strengthening our exports.

“We continue to look for new ways to strengthen our exports business and deepen our relationships with customers.”