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Forging is a crucial element for success in industries
Forging is considered to be an indispensable process in the manufacturing industry due to its ability to offer precision & versatility, meet the stringent demands of various applications, and enhance material properties. These attributes collectively position forging as a crucial element for success in industries that demand high-performance, reliable components, states Vikas Bajaj, President, Association of Indian Forging Industry (AIFI) and MD & CEO, Bajaj Motors. In this interveiew with RakesRead more
AIFI to host ForgeTech 2023 in Pune for Indian forging industry
Baba Kalyani, MD, Bharat Forge, will be presenting the keynote address at the event, which will be organised by the Association of Indian Forging Industry (AIFI) from Nov 3-5, 2023.Read more
Rising input cost posing challenge to forging industry
The first half of the year was the most difficult for most forging companies, particularly those in the small and medium segment (SMEs), which are expected to witness a 50% decline in production in FY23, writes Association of Indian Forging Industry (AIFI). Read more
Forging and component units to see 60% decline due to EV push: AIFI
While petrol/diesel run internal combustion engine (ICE) in automobiles contain around 2,000 moving parts, electric vehicles have only 20. Thus, rising in EV consumption will have negative impact on component & forging industries.Read more
High steel prices hammering growth of Indian forging industry: AIFI
Steel is the basic raw material for the forging industry and typically constitutes 60-65% of the ex-factory value of forgings. Association of Indian Forging Industry (AIFI) urges government to ban exports of steel and iron ore for the next six to eight months.Read more
Vikas Bajaj takes over as the new President for AIFI
Yash Jinendra Munot has been appointed as the youngest Vice President of AIFI Read more
Auto industry ‘forging’ ahead
The current disruptions in the auto sector such as policy changes, introduction of EVs and pollution norms can badly impact the industries that exclusively deal with metal parts. On the other hand, the boom of Industry 4.0 can boost its growth. Will the casting and forging industry thrive in the future?Read more
Electric vehicles: Will it lead to job losses in forging industry?
Introduction of electric vehicles is a major gamechanger for the Indian economy. However, Shrabana Mukherjee believes it could lead to job losses in the internal combustion engine manufacturing units (mostly forging, casting and stamping units).Read more
