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Ramkrishna Forgings signs MoU with US based technology partner

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Capital Market

For development of powertrain components for Indian EV market

Ramkrishna Forgings has signed a Memorandum of Understanding (MOU) with a US based technology partner for the development of Electric Vehicle Powertrain components for the Indian EV market.

This marks the foray in a big way for both the entities into the EV market in India.

The technology partner is a leading expert in magnetic engineering innovations. Their expertise lies in efficiency enhancement which bestow a superior hallmark over its peers in the various industries they operate in.

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First Published: Oct 07 2021 | 10:08 AM IST

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