Ramkrishna Forgings to set up aluminium forging facility in Jamshedpur

Ramkrishna Forgings Ltd will invest Rs 57.5 crore in an aluminium forging facility in Jamshedpur, primarily aimed at the electric vehicle segment. With an annual capacity of 3,000 tonnes, the facility is expected to generate Rs 175 crore in additional revenue and will be operational by Q2 of the 2025-26 fiscal year.