Ramkrishna Forgings wins USD 13.16 mn contract for supply of rear axle components

Image
Last Updated : Feb 05 2024 | 5:50 PM IST
Ramkrishna Forgings announced a significant milestone as it penetrates further into North American market. Strengthening its foothold in the region, the company has been awarded a substantial contract valued at $13.16 million USD (Rs.1092 Mio). This momentous agreement underscores the Company's commitment to excellence and innovation in the automotive components space.

Under this strategic partnership, the Company will be supplying rear axle components and services for the off-highway sector for the next four years. The Company, renowned for its expertise in forging and manufacturing, emerged as the ideal choice of OEMs to further enhance its offerings and meet the growing demands of the market.

This contract emphasises the Company's unwavering dedication to technological advancement, precision engineering, and unparalleled customer service. This achievement not only demonstrates the Company's exceptional product quality and reliability but also showcases the commitment to establishing itself as a key player in the North American automotive landscape.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 05 2024 | 5:16 PM IST

Next Story