Kolkata‑based Ramkrishna Forgings announced a ₹300 crore investment for the 2026‑27 fiscal year, including a ₹170 crore facility in Jharkhand slated to launch in March‑April 2027. The company aims to boost its annual capacity to one million tonnes by 2030, strengthening its position in the auto‑component sector.

  • ₹300 crore investment slated for 2026‑27
  • New component plant in Jharkhand to start March‑April 2027
  • Goal to reach 1 million tonnes annual capacity by 2030

Ramkrishna Forgings, a leading supplier of forged, machined, and fabricated products headquartered in Kolkata, has announced a planned investment of ₹250‑300 crore for the 2026‑27 fiscal year. The investment will expand production facilities and incorporate new technology to meet growing demand in the automotive and aerospace markets.

Investment Breakdown

Joint Managing Director Chaitanya Jalan disclosed that ₹170 crore of the total will be earmarked for a new component manufacturing unit in Jharkhand, expected to be commissioned by March‑April 2027. This unit will focus on producing parts for passenger vehicles.

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Capacity Expansion and Future Goals

The company is targeting a total annual production capacity of one million tonnes by 2030, a significant leap that will position it as a key player in India’s heavy manufacturing sector.

Industry Impact

Beyond strengthening the company’s supply chain, the investment is set to generate employment and stimulate local economies in Jharkhand. It aligns with India’s “Make in India” initiative, promoting regional industrialization.

Why This Matters

BozokMedia analysis indicates that the infusion of capital into forging and machining will help reduce India’s dependency on imported auto components. By 2027, the new facility is expected to create over 5,000 jobs, reinforcing the domestic auto‑component ecosystem.

"This investment marks a milestone for the Indian forging sector, positioning the company ahead in global competition," says Prof. Anil Sharma, Professor of Industrial Engineering.
Did You Know?: India’s automotive component manufacturing is projected to grow over 50% by 2025, opening new avenues for forging firms.

Frequently Asked Questions

Q1: Where is the majority of Ramkrishna Forgings’ investment focused?
A1: Primarily in a new passenger vehicle component plant in Jharkhand.

Q2: How will this investment affect the company’s production capacity?
A2: It aims to raise annual capacity to one million tonnes by 2030.