Sustaining Upside Momentum
Auto Components India|April 2022
West Bengal based Ramkrishna Forgings Ltd. is confident of sustaining its upside momentum. Ashish Bhatia with Prateek Pardeshi cites the strong order book as testimony.
Ashish Bhatia with Prateek Pardeshi
Sustaining Upside Momentum

Gaining momentum is easier than sustaining it! However, there are few exceptions who have succeeded at the latter too. One of the leading forging companies, Ramkrishna Forging Ltd. based in Kolkata, in West Bengal, makes for a good case study. The company has gained a strong upside momentum with a robust order book that consists of a partnership with the USA-based axle manufacturer for the Light Commercial Vehicle (LCV) segment on one end of the spectrum and an ~ Rs.750 mn valued order from an M&HCV major Original Equipment Manufacturer (OEM). The company is confident of sustaining the recent upside momentum longer with its three-pronged focus on keeping a customer-centric approach, ensuring continual system improvements, and a long-term vision of staying committed to people development. Such strong ethos has the company winning accolades including the 'Overall Supplier Excellence Awards for Eicher Engineering Components' for the year 2021.

Today, the company is leading the forging segment supplying to a wide range of industries, including automotive, farm equipment, bearings, earthmoving, and railways besides supplying to non-automotive segments like mining, oil and gas, power, and construction. Its exposure to these segments both domestic and global makes it stand out from competition giving it an edge to sustain the newfound momentum. The company supplies to component manufacturers like Automotive Axels on one end of the spectrum and directly to OEMs like Tata Motors, Ashok Leyland, and VE Commercial Vehicles on the other end. To optimise its global presence, the company is known to have opened offices in South America, Russia, and Europe in addition to the USA, Mexico, and Turkey. In Mexico, for instance, the company is known to have won Letters of Intent (Lols) worth Rs.225 million per annum for a leading tieri manufacturer of the front axle beam.

Realising Rol

هذه القصة مأخوذة من طبعة April 2022 من Auto Components India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April 2022 من Auto Components India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من AUTO COMPONENTS INDIA مشاهدة الكل
U.S. COMMERCE DEPARTMENT ISSUES PRELIMINARY DECISION ON TURKISH BRAKE DRUM SUBSIDIES
Auto Components India

U.S. COMMERCE DEPARTMENT ISSUES PRELIMINARY DECISION ON TURKISH BRAKE DRUM SUBSIDIES

On December 06, 2024, the U.S. Department of Commerce announced a preliminary affirmative determination in the Countervailing Duty (CVD) investigation concerning certain brake drums imported from the Republic of Türkiye as per The Brake Report.

time-read
3 mins  |
December 2024
BHARAT MOBILITY GLOBAL EXPO 2025 THE COMPONENTS SHOW PREVIEW
Auto Components India

BHARAT MOBILITY GLOBAL EXPO 2025 THE COMPONENTS SHOW PREVIEW

The Bharat Mobility Global Expo 2025, slated for January 17-22, is ready to dazzle the world with its expansive and innovative display of automotive and mobility solutions, writes Ashish Bhatia.

time-read
2 mins  |
December 2024
INTELLIGENT TRAILERS
Auto Components India

INTELLIGENT TRAILERS

Today's trailer customers enjoy access to a complete range of integrated solutions, writes Ashish Bhatia.

time-read
5 mins  |
December 2024
UNLOCKING THE POTENTIAL OF USED EVS IN INDIA'S GROWING EV MARKET
Auto Components India

UNLOCKING THE POTENTIAL OF USED EVS IN INDIA'S GROWING EV MARKET

India's EV market, valued at USD 2 billion, is on the fast track to becoming the third largest globally by 2025. However, maintaining this momentum will depend heavily on developing a robust second-hand EV market

time-read
4 mins  |
December 2024
SAPIENCE HARNESSES AI FOR ROAD SAFETY
Auto Components India

SAPIENCE HARNESSES AI FOR ROAD SAFETY

Sapience Automata is banking on Al-driven ADAS innovations to curb accidents, and improve fleet efficiency, writes Upendra Kasbekar.

time-read
4 mins  |
December 2024
TRAFFIC SURVEILLANCE SOLUTIONS
Auto Components India

TRAFFIC SURVEILLANCE SOLUTIONS

CP Plus is offering innovative traffic surveillance solutions to enhance on-road safety. writes Richa Tyagi.

time-read
5 mins  |
December 2024
LEGACY BRAND RENEWED PURPOSE
Auto Components India

LEGACY BRAND RENEWED PURPOSE

As Godrej Enterprises Group celebrates its 127th anniversary, the company unveiled a bold vision to chart a sustainable and innovative path forward, writes Ashish Bhatia.

time-read
3 mins  |
December 2024
GLOBAL AUTOMOTIVE SOLUTIONS
Auto Components India

GLOBAL AUTOMOTIVE SOLUTIONS

Raghavan Sampath, Director of Business Development, India Business Development Division at MediaTek, shared the company's strategic approach of offering global automotive solutions, with Richa Tyagi.

time-read
2 mins  |
December 2024
SOUTH KOREAN BATTERY MAKERS' DECLINING SHARE
Auto Components India

SOUTH KOREAN BATTERY MAKERS' DECLINING SHARE

Three South Korean electric vehicle battery makers saw their combined global market share fall from a year earlier in the first 10 months of 2024 amid robust growth of Chinese rivals, industry data showed on Monday.

time-read
1 min  |
December 2024
UNO MINDA GPT-ENABLED MUSIC SYSTEM
Auto Components India

UNO MINDA GPT-ENABLED MUSIC SYSTEM

Uno Minda Ltd. has introduced India’s first GPT-enabled Android music system, the WTUNES-464DN-GPT, revolutionizing the in-car experience.

time-read
1 min  |
December 2024