Sanghvi Forging bags Rs 15 cr orders

Sanghvi Forging & Engineering Ltd, one of the leading forging company in India, has bagged orders worth Rs 15 crore from multiple companies. Majority of the orders are from the shipbuilding and power sectors and around 20% comprises of exports orders. As on May 30, 2014, Sanghvi Forging has been able to bag around 20 major approvals from its clients for its 40 tonnes heavy forging plants.
 
Jayant Sanghi, Managing Director, Sanghvi Forging & Engineering Ltd, said, "Our team hard work and perseverance is paying off as a large portion of the orders are being executed at our new plants. Our current orders book of Rs 35 crore, which is very encouraging and will impact our revenues in a positive manner. Exports are encouraging for us and is a great encouragement as it will help establish our credentials globally."