Corporate Development

Published: Feb 15, 2022
Updated: Feb 15, 2022

Ganga Forging

US export order worth Rs 40 million

Rajkot-based Ganga Forging Ltd (NSE: GANGAFORGE), one of the country’s leading steel forging and machine components manufacturer, which supplies specialized components to major industries like construction, railways, mechanical industries, oil refineries and mining, has informed the NSE that it has bagged an export order from the US of $ 533,588 (around Rs 40 million).

The products ordered by the US importer include crankshafts and connecting rods. The company has 3 decades of experience and manufactures forging parts at its ultra-modern, fully automated forging and machining facility near Rajkot in Gujarat.

STATE-OF-ART MANUFACTURING UNIT

The company delivers sophisticated industrial components with zero defects as all components are finished to perfection. As a leading forging parts manufacturer, Ganga Forging offers cost-effective options along with timely delivery. Along with serving leading industries globally, it is also mindful of its corporate social responsibilities

The company has a fully equipped R&D laboratory with state-of-art instruments, and its products find a ready market worldwide, including to the US, Iran and Germany.

FORAYS INTO E VEHICLE SEGMENT

Now, it is all set to manufacture parts for e-vehicles, which could boost its revenues and profitability substantially. With the thrust on the automobile industry in the current Union budget and the increase in production by leading automobile companies, the demand for forged products is sure to see an upward trend.