Ramkrishna Forgings Passenger Vehicle Components Project Expansion

Ramkrishna Forgings Passenger Vehicle Components Project Expansion

Ramkrishna Forgings Limited has approved a major manufacturing investment focused on passenger vehicle components production. The company’s board has cleared a capital expenditure of INR 1.7 billion to establish a new manufacturing project that will strengthen its forging capabilities. The Ramkrishna Forgings passenger vehicle components project includes the installation of a 4,000-metric-tonne press line, which will support additional production capacity and help address future automotive component demand.

The new project is planned for completion by September 2027 and will contribute 8,800 MT of additional capacity to the company’s overall operations. Currently, Ramkrishna Forgings has a forging capacity of 311,400 MT and a casting capacity of 28,800 MT. The company reported capacity utilization levels of 68% for forging operations and 78% for casting operations, highlighting the existing production scale and utilization efficiency across its manufacturing facilities.

Capacity Expansion To Support Automotive Component Growth

The investment reflects Ramkrishna Forgings’ strategy to expand its manufacturing footprint in the passenger vehicle segment. The additional press line will enhance production flexibility and improve the company’s ability to supply forged components for automotive applications. With increasing demand for advanced and lightweight vehicle components, the expanded capacity is expected to strengthen the company’s position in the automotive supply chain while supporting future production requirements from vehicle manufacturers.

The passenger vehicle components project is part of the company’s broader manufacturing expansion approach, focusing on increasing production capabilities across forging and casting operations. By adding new capacity, Ramkrishna Forgings aims to improve operational readiness and meet evolving requirements from the automotive industry. The project will also support long-term growth opportunities as vehicle production volumes and component requirements continue to develop across global automotive markets.

Frequently Asked Questions

What is the Ramkrishna Forgings passenger vehicle components project?
The Ramkrishna Forgings passenger vehicle components project is a new manufacturing initiative approved with INR 1.7 billion investment for expanding forging capacity. The project includes a 4,000-metric-tonne press line installation planned for completion by September 2027. It will add 8,800 MT capacity and support passenger vehicle component production while strengthening the company’s manufacturing capabilities for future automotive industry requirements.