ALL SET TO MEET INCREASING DEMAND

While the automotive industry is slowly picking up pace, infrastructure and real estate sectors are expected to provide tailwind to the forging industry and this bodes well for Ramkrishna Forgings which is equipped to increase its capacity for a wide range of products and technologies

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Ramkrishna Forgings Limited (RKFL) is a forging company based in Kolkata that was founded in 1981 primarily as a forging player for Indian Railways. It has diversified its offering over the years to include automotive, railways, farm equipment, bearings, oil and gas, power and construction, earth moving, and mining, both in India and in international markets. It has six manufacturing plants in India, all of which are located near Jamshedpur and Kolkata. As of FY22E, it had an installed capacity of 187,100 tonnes and a 75 percent utilisation rate. Its primary focus is on chassis and rear axle components with little or no exposure to engine components.

The company’s vision is to be the most dependable and preferred supplier of forged and rolled components for the railway, automobile, mining, earthmoving, oil exploration, farm equipment, wind energy, bearing, and general engineering industries by providing world-class products at competitive prices through a knowledge-based organization. The company also provides critical safety items such as screw couplings, bolster suspension, side frame keys, and draw gear assemblies for railway coaches and wagons. It is a preferred supplier to OEMs in India such as Tata Motors, Ashok Leyland, VE Commercial, and Daimler as well as Volvo, Mack Trucks, Iveco, and Ford in international markets. It is a global supplier to Tier 1 axle manufacturers such as Dana, Sisamex, Meritor and

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