Kolkata-based Ramakrishna Forgings plans to invest between ₹250 crore and ₹300 crore during the fiscal year 2026–27 to expand its manufacturing capacity. The company intends to spend ₹170 crore in Jharkhand to establish a new facility producing passenger-vehicle components. This facility is expected to be operational by March–April next year.
In addition to the new plant, Ramakrishna Forgings will enhance its machining and assembly lines to boost production output. The investment aims to meet growing demand and broaden the company’s product range and manufacturing capabilities. The company has set an ambitious goal to increase its total annual production capacity to 1 million tonnes by 2030, signaling significant expansion plans.
