Ramkrishna Forgings has bagged an order from a prominent passenger rail coach manufacturer in Europe.
The contract is valued at €4.5 million and is set to be fulfilled within a span of two years, the company said in a regulatory statement.
"Ramkrishna Forgings...has successfully received an order to supply undercarriage parts to a renowned European railway passenger coach manufacturer," it said.
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Lalit Kumar Khetan, Whole-time Director & CFO, said, "The order not only strengthens our position in the market but also expands our export potential in this vertical."
Kolkata-based Ramkrishna Forgings is a manufacturer and supplier of closed-die forgings of carbon and alloy steel, micro-alloy steel and stainless steel forgings.
The company also has presence in the US, Mexico, Turkey, and Belgium.
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