Ramkrishna Forgings Sets Rs 20 Billion Wheel Plant in Chennai

03 Jul 2025 CW Team

Ramkrishna Forgings plans to enter the forged wheel market and is building a manufacturing facility in Chennai with an annual capacity of 228,000 wheels. Managing Director Naresh Jalan told PTI that the project will cost about Rs 20 billion, funded through a mix of debt and equity.

The company expects to begin production with roughly 40,000 wheels in FY27 and ramp up to 100,000 wheels in FY28. Jalan said this single vertical could become one of the firm’s most powerful growth engines, generating multi billion rupee revenues.

A Ramkrishna Forgings–Titagarh Rail Systems consortium has already secured a Letter of Award to make and supply forged wheels for Indian Railways. Ramkrishna Forgings holds a 51 per cent stake in the joint venture and is the lead partner.

The group is also moving into fully assembled undercarriage systems. It has received initial orders from Indian Railways for prototype units, with the first deliveries scheduled for July. Turnover from this segment is projected at Rs 2.5 billion–Rs 3 billion over the next two years.

These ventures mark a shift towards more integrated, value added offerings. Ramkrishna Forgings, a specialist in closed die forgings of carbon, alloy and stainless steels, reported FY25 revenue of about Rs 40.34 billion and profit after tax of roughly Rs 3.32 billion.

Image Source:https://daijiworld.com/

Technology

28 Oct 2025

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..