Ramkrishna Forgings to acquire stake in TSUYO Manufacturing

19 Dec 2022 CW Team

On Thursday, Ramkrishna Forgings said that its board had approved a plan to buy up to a 51% share in TSUYO Manufacturing.

The business kept the deal's size a secret.
The company's board of directors made a resolution in this regard at a meeting on Wednesday, according to a statement from Ramkrishna Forgings.

The statement read, "The Ramkrishna Forgings board of directors has approved an investment to purchase up to 51% voting rights of TSUYO, a Make-In-India startup firm involved in powertrain solutions for electric vehicles.

With this projected investment, TSUYO will be able to increase the variety of products it offers and extend the factory space where it makes motors, controllers, e-axles, and differentials.

"We will be able to advance our commitment to assisting the rise of electric vehicles in India and elsewhere thanks to this key investment. With this acquisition, our skills will be greatly enhanced, and our market share in the developing EV segment will increase "According to Ramkrishna Forgings, the director and CFO is Lalit Khetan.

Kolkata-based Closed die forgings of carbon and alloy steel, micro alloy steel, and stainless steel are produced and supplied by Ramkrishna Forgings.

Infrastructure Transport

17 Sep 2025

Alignment Uncertainty Delays Kochi Bypass and NH 66 Projects

Plans to ease traffic in Kochi with the Edappally–Aroor elevated highway on NH 66 and the long-awaited Kochi bypass have faced fresh delays due to uncertainty over the alignment of NH 966B from Nettoor to Willingdon Island.Nettoor is poised to become a key junction, linking the Angamaly–Kundannoor bypass (NH 544), NH 966B, the proposed NH 66 elevated corridor, and the Theni–Kochi highway. However, disagreements on how these highways will intersect are slowing progress.Union Road Transport and Highways Minister Nitin Gadkari recently informed Parliament that the National Highways Authorit..

New Wanpoh Substation Project Extended to June 2027

Power Grid Corporation of India (PGCIL) has been granted an 18-month extension for completing the New Wanpoh substation augmentation project in Jammu & Kashmir.The Central Transmission Utility of India (CTUIL) revised the project’s completion date to 30 June 2027, from the earlier 31 December 2025. The project involves augmenting PGCIL’s 400/220kV New Wanpoh substation with a new 400/220kV, 315 MVA interconnecting transformer (3×105 MVA) and two transformer bays—one each at 400kV and 220kV. The project, estimated at Rs 610 million, was awarded under the regulated tariff mechanism (R..

Gurgaon-Pataudi-Rewari Highway Set for Completion by December 2025

The National Highways Authority of India (NHAI) has set a new target to complete the four-lane Gurgaon-Pataudi-Rewari highway by December 2025, following a two-year delay.Originally planned in 2018 to upgrade the two-lane state highway into a national highway, the project is estimated to cost Rs 9 billion. Construction, which began in 2021, was initially scheduled for completion in November 2023. According to NHAI, around 70 per cent of the work is already complete, with two major structures still pending: a railway overbridge at Pahari village and a two-lane unidirectional flyover on Dwarka E..