Ramkrishna Forgings said that it has bagged a contract worth over $7 million per annum in the mining and earthmoving segment from an undisclosed engine component manufacturer.
The order is for the supply of engine components.
Ramkrishna Forgings is an India-based supplier of rolled, forged, and machined products.
Lalit Khetan — Executive Director and CFO of Ramkrishna Forgings said: “This order win further substantiates our technical capabilities for Mining & Earthmoving segment. With this order win we are able to further strengthen our presence in this segment and we are very optimistic that this segment will grow with current buoyancy in the sector.
“This order is a testimony of acceptance of our product quality and technological ability in the international markets. Our continuous R&D has resulted in marking additional and strong foray for us in the engine components segment in the overseas markets and is bound to open more doors in the future.”
Recently, Ramkrishna Forgings had commenced the serial production of heavy fabrications for the excavator parts at its fabrication plant in Jamshedpur, Jharkhand.
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