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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

Ramkrishna Forgings is one stop destination for all CV OEMs

Established in 1981, Ramkrishna Forgings Ltd is a manufacturer of supplier of open and closed die forgings of carbon and alloy steel, micro alloy steel and stainless-steel forgings.Read more

Sona Comstar launches Motor T family of motors & controllers

Sona BLW Precision Forgings Ltd (Sona Comstar) has introduced its next generation of motors and controllers, Motor T with optimised controller family.Read more

Industry can now expect a turnaround

Playing an important role in import substitution, Super Forgings & Steels Ltd (SFSL) has specialised in production of high-value and higher grades tool & die steels creating a niche for itself. In this interview, Piyush Modi, Director, Super Forgings & Steels Ltd, offers insight into the market and shares the company’s future plans. Read more

Super Forgings building reputation with technology and quality

There are success stories galore and although each is distinct, there's one common thread: the very desire to succeed. Here's one which has more than just that—a steely resolve.Read more

DRDO develops critical near isothermal forging technology for aero engines

With this development, India has joined the league of limited global engine developers. To meet the bulk production requirements, DMRL technology was transferred to Mishra Dhatu Nigam Limited (MIDHANI) through a licensing agreement for technology transfer (LAToT) Read more

Budget 2021: Infra push to generate demand for manufacturing sector & MSMEs

By allocating Rs 5.54 trillion for infrastructure development, budget 2021-22 aims to generate demand for the manufacturing sector, especially MSMEs. Read, how companies are reacting to the budget. 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

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