Ramkrishna Forgings Secures Board Approval for Mexico Manufacturing Facility

Ramkrishna Forgings Limited has received board approval for setting up a manufacturing facility in Mexico, backed by a 10-year agreement for machining components with a North American customer. The company will invest up to Rs. 90 crores in the new facility, which will have an installed production capacity of 11,000 metric tonnes per annum. This expansion is expected to open up opportunities for the company in the North American market and strengthen its position as a leading provider of forging solutions.,