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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

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

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

Indian Railways explores export opportunities for Vande Bharat locomotives

The current trains are suitable for broad gauge, customisation may be necessary to adapt to the standard gauges used by many countries globally.Read more

Talbros Automotive secures Rs 580 cr new business, including major EV order

A notable portion of this new business, valued at Rs 270 crore or 46% of the total, is related to electric vehicles (EVs) and comes from a prominent export original equipment manufacturer (OEM).Read more

RKFL aims to double revenue with Strategic Expansion Plan

The company, headquartered in Calcutta with manufacturing facilities in Jamshedpur, is pinning its hopes on several key developments including acquisition of JMT Auto.Read more

Sona Comstar achieves 350 million gears’ production milestone

– Automotive technology solutions provider Sona BLW Precision Forgings Ltd. achieved global market share of differential gears to 7.2 per cent in 2022. It global supplier of driveline solutions for various types of vehicles and achieved its 350 million gears’ production milestone this year. Read more

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