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AIFI appoints Yash Munot as President & S. Ravishankar as Vice President
Beyond his industrial achievements, Munot is recognised for his diversified business ventures in sectors such as lifestyle products, health food, hospitality and philanthropy, including the adoption of an orphanage and medical aid distribution during the pandemic.Read more
Ramkrishna Forgings approves Rs 575 million aluminium forging project investment
Once operating at full capacity, the project is projected to generate an additional Rs 1.75 billion in annual revenue for the company.Read more
Bharat Forge Q1; Defence revenue up 147%, order book at Rs 54 billion
The profit was impacted by an exceptional loss of Rs 1.46 billion, including an impairment provision of Rs 1.45 billion related to its investment in Tork Motors Pvt. Ltd., where Bharat Forge holds a 64.29% stake.Read more
Ramkrishna Forgings PAT rises 3% to Rs 810 million in Q1
Additionally, the board of directors approved the acquisition of Resortes Libertad, S.A. DE C.V. in Mexico.Read more
Abhinava Rizel to launch hybrid EV motors for passenger and cargo 3-wheelers
In September 2022, MM Forgings put Rs 158.4 billion for an 88% stake in Abhinava Rizel.Read more
Super Screws and Mitsuchi Corporation to manufacture cold forged parts in India
The new venture will set up a manufacturing plant in India to produce and distribute high-quality cold forged parts, catering to both the Indian market and global exports. Read more
Association of Indian Forging Industry appoints Ashwani Jotshi as secretary general
Established in 1965, the Association of Indian Forging Industry (AIFI) is the strongest, oldest Forging Association with highest members from the industry in India.Read more
Hannover Messe 2024: Powering Sustainable Manufacturing
At Hannover Messe 2024, 4,000 exhibitors from all over the world presented their innovative, futuristic solutions to more than 130,000 visitors from 150 countries. The event offered a comprehensive picture of technologies that are crucial to drive the agenda of sustainable manufacturing, reports Rakesh RaoRead more
BFIL acquires 72,000-tonne forging lines to strengthen global market position
The company did not disclose financial details of the deal.Read more
L&T to own 100% of LTSSHF; to buy NPCIL stake
A delay in equity infusion by the promoters, led to the net worth of LTSSHF to fall to negative Rs 25.73 billion as of March 31, 2023.Read more