Ramkrishna Forgings Limited said that it has bagged an order worth €20 million from an undisclosed European Tier 1 customer in the auto segment.
The India-based supplier of rolled, forged, and machined products said that the multi-year order is to be executed over a period of four years distributed equally.
Naresh Jalan — Managing Director of Ramkrishna Forgings Limited said: “With this order win our international portfolio has strengthened further. Our recent orders have been from Tier 1 international customers who have shown their faith in our commitment to quality as well as ability to deliver.
“These order wins not only improves visibility for our international business but also strengthens our long-term customer relationship. Going forward we can capitalize on this relationship for future orders.”
Earlier this month, Ramkrishna Forgings Limited won its first-ever order in the electric vehicle (EV) segment from an undisclosed global tier 1 original equipment manufacturer (OEM) in India.
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