Ramkrishna Forgings to provide powertrain components to the US' top EV manufacturer

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Ramkrishna Forgings to provide powertrain components to the US' top EV manufacturer

Team FS

22/Apr/2024

Key Points:

Kolkata-based Ramkrishna Forgings Limited attains approval to supply powertrain components to the largest electric passenger vehicle manufacturer in the USA, possibly Tesla.
The approval precedes Elon Musk's visit to India, sparking speculation about potential collaborations and partnerships in the electric mobility sector.
Ramkrishna Forgings emphasizes its commitment to innovation and expertise in forging components, positioning itself as a key player in the global electric vehicle industry.

Ramkrishna Forgings Limited, headquartered in Kolkata, achieves a significant milestone in the realm of electric mobility by securing approval to supply powertrain components to the largest electric passenger vehicle manufacturer in the USA. While the company refrains from disclosing the name of the manufacturer in its announcement, speculations abound, with indications pointing towards Tesla. This development coincides with the anticipation surrounding Elon Musk's visit to India, fueling excitement about potential collaborations and partnerships in the burgeoning electric vehicle sector.

Pioneering Electric Mobility Solutions
Describing it as a "significant milestone," Ramkrishna Forgings expresses its enthusiasm for venturing into the electric passenger vehicle segment. The approval to supply powertrain components marks the beginning of a strategic partnership that promises a realm of exciting opportunities for the company. With a focus on delivering top-notch products, Ramkrishna Forgings underscores its commitment to innovation and expertise in forging components, positioning itself as a pioneering force in the electric mobility domain.

Commitment to Innovation and Collaboration
Milesh Gandhi, Executive Director of Ramkrishna Forgings, voices the company's excitement over the approval from the largest electric passenger vehicle producer in the USA. He highlights the company's dedication to innovation and capability to meet the evolving demands of the electric vehicle industry. Drawing from its extensive expertise and four-decade-long legacy in developing forged components, Ramkrishna Forgings aims to expedite market entry for its customers while contributing to the advancement of sustainable mobility globally.

Unlocking New Prospects in the EV Market
Ramkrishna Forgings' foray into the US electric vehicle market not only marks its debut but also heralds a multitude of thrilling new prospects for the company. With a diverse portfolio spanning various sectors, including automotive, railways, and construction, Ramkrishna Forgings is poised to make a significant impact in the global electric mobility landscape. As a trusted supplier to leading OEMs and tier 1 axle manufacturers globally, the company's approval for powertrain components reinforces its reputation for reliability and excellence in the industry.

In Conclusion:
Ramkrishna Forgings' approval to supply powertrain components for electric vehicles signifies a pivotal moment in its journey towards innovation and collaboration in the electric mobility sector. As the company embraces new opportunities and expands its presence in global markets, it remains committed to driving sustainable mobility solutions and creating value for stakeholders. With the electric vehicle industry poised for rapid growth, Ramkrishna Forgings stands poised to play a key role in shaping the future of mobility and sustainability on a global scale.

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Ramkrishna Forgings to provide powertrain components to the US' top EV manufacturer

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