Indian Forging industry has now emerged as a major contributor to the manufacturing sector of the Indian economy riding on demand of auto sector. The industry is fragment with over 400 units spread across India in large, medium and small units out of which only 9 are large units. Here, the organized sector accounts for 65% of the output, while the unorganized sector caters to replacement and job market.
Indian forging industry market is estimated at Rs 20,000 crore with a an overall capacity utilisation of around 57 per cent. With automobile sector accounting for 70 per cent, the sluggishness in auto sector has resulted in 10% decline in forging industry last year. There is hope with the revival of the mining sector in Orissa, Goa, Karnataka, and Andhra Pradesh would immensely benefit the forging industry. The sector is trying to get out on dependence of auto sector by diversifying into power generation equipment and nuclear sector.
List of All Forging Companies in India
Company Name: Happy Steels Ltd OldName: Group : Address: Corp Office B-14, 2254, Kanganwal Road Jugiana City: Jugiana 141120 Ludhiana ...
Company Name: Harpreet Industries OldName: Group : Address: Corp Office C 78, Phase V, Focal Point City: Ludhiana 141010 Ludhiana ...
Company Name: Highway Industries Ltd OldName: Group : Address: Corp Office G.T.Road, Sahnewal, City: Sahnewal Khurd Ludhiana East Ludhiana Punjab ...
Company Name: Hilton Metal Forging Ltd OldName: Group : Address: Corp Office 701, Palm Spring, Link Road , Malad (W), ...
Company Name: Hindon Forge Pvt Ltd OldName: Group : Address: Corp Office P-4, B.S.Road Industrial Area, City: Ghaziabad 201001 Ghaziabad ...
Company Name: I B Engineering OldName: Group : Address: Corp Office S. No. 71, Jyotibanagar, Bhalekar Chowk City: Pune 412114 ...
Company Name: Imperial Forge Pvt Ltd OldName: Group : Address: Corp Office Gat No. 104, Ambethan, City: Ambethan 410501 Pune ...
Company Name: Innotech Auto India Pvt Ltd OldName: Group : Address: Corp Office Plot No. 179, Sector 27 A, Pradhikaran, ...
Company Name: Intech Forge India Pvt Ltd OldName: Group : Address: Corp Office Plot No. G- 1947, 2nd Main Road, ...
Company Name: Jagdambay Forgings OldName: Group : Address: Corp Office B-29544 1/C, Guru Ram Dass Road, Dhandari Kalan, G.T Road ...