Ramkrishna Forgings announced the recent award of a significant business contract valued at 16 Million Euros (approx. Rs. 145 crore).

The contract, secured under a long-term agreement, spans a duration of 4 (four) years, and solidifies the Company's position in the European Original Equipment Manufacturer (OEM) sector.

Having successfully served the same OEM for the past 5 (five) years by supplying Front Axle Components, the Company has now been entrusted with the production and delivery of Differential components.

This expansion into Rear Axle components stands as a testament to the Company's quality and reliability in the eyes of the OEM, paving the way for further collaboration and growth in their partnership, also enhancing the Company's presence in the European market.