Ramkrishna Forgings Limited, one of the leading suppliers of rolled, forged and machined products has announced that a major Tier 1 manufacturer of Rear & Front axles has awarded a 4-year contract for the supply for heavy duty commercial vehicles for its European application worth "INR 1131.60 million (Euro 13.8 million)
Commenting on the order win Mr. Lalit Khetan, Executive Director & CFO, Ramkrishna Forgings Limited said: "Our European portfolio has grown even stronger as a result of this order win. Our most recent orders have come from Tier 1 international customers who have demonstrated their confidence in our ability to deliver quality products on time. These order wins not only raise the profile of our international operations, but they also strengthen our long-term customer relationships. We are confident in our ability to capitalise on the opportunities that will arise as a result of these relationships and to expand our international business."
(Exchange Rate: 1 Euro = INR 82)