Ramkrishna Forgings wins €14m contract from tier 1 manufacturer

Ramkrishna Forgings Limited said that it has won a contract worth INR 1131.6 million (€13.8 million) from a major tier 1 manufacturer of rear and front axles.

The four-year contract is for the supply for heavy duty commercial vehicles for its European application, said the India-based supplier of rolled, forged, and machined products.

Lalit Khetan — Ramkrishna Forgings Executive Director and CFO said: “Our European portfolio has grown even stronger as a result of this order win. Our most recent orders have come from Tier 1 international customers who have demonstrated their confidence in our ability to deliver quality products on time.

“These order wins not only raise the profile of our international operations, but they also strengthen our long-term customer relationships. We are confident in our ability to capitalise on the opportunities that will arise as a result of these relationships and to expand our international business.”