Ramkrishna Forgings has announced the commencement of commercial production at its new Aluminum Forging facility in Jharkhand, effective January 20, 2026. This facility has a production capacity of 3,000 tonnes per annum (TPA). This project enables the company to enter the aluminum forging sector, enhancing its presence in the EV market.
Aluminum Forging Facility Operational
Ramkrishna Forgings has started commercial production at its Aluminum Forging facility located in Baliguma, Jharkhand, effective January 20, 2026. The new facility marks a strategic expansion into aluminum forging, a key material for electric vehicles.
Production Capacity
The facility has a production capacity of 3,000 Tonnes Per Annum (TPA). This new capacity will allow Ramkrishna Forgings to serve the growing demand for lightweight components in the automotive and EV sectors.
Strategic Impact
The commencement of this facility enables the company to make inroads into aluminum forging and aims to improve the company’s presence in the EV market.
Investment Details
The investment in the Aluminium Forging Facility amounts to ₹57.50 Crore, funded through a mix of debt and internal accruals. This investment underscores the company’s commitment to expanding its capabilities.
Source: BSE