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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
Sona Comstar unveils its first sustainability report
As a technology leader, the company is enabling a reduction in GHG emissions through low-carbon mobility. Sona Comstar has increased its revenue share from Battery Electric Vehicles (BEVs) from 1.3 per cent in FY19 to 25 per cent in FY22. In absolute terms, it has grown 28 times to Rs 5 billion.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