Project Description
Ramkrishna Forgings Limited (“RKFL” or the “Company”) is headquartered in Kolkata, West Bengal, India, and its manufacturing units are located in Jamshedpur, Jharkhand, India. Founded in November 1981, RKFL manufactures forged and machined Transmission and axle components for medium and heavy commercial vehicles, and is currently one of the market leaders in this space in India. In order to increase its market share in a growing domestic market, and improve its operating efficiency, RKFL has undertaken an expansion program in Jamshedpur requiring a capital expenditure of approximately US$97 million. The greenfield expansion program will include a new Front Axle Beam manufacturing line, with machinery imported from Germany, and will be installed near the Company’s existing plant in Jamshedpur.