MM Forgings plans to install a new hot forging press as part of an expansion aimed at increasing production capacity. The company currently has an installed capacity of about 1.2 lakh tonnes. After the expansion, it expects capacity to rise to more than 1.5 lakh tonnes. The company also projects revenue growth tied to the expansion, aiming for about ₹2,000 crore in revenue in FY27. The announcements focus on additional capacity from the new press and the expected impact on the company’s medium-term financial target. Details such as the timeline for installation, investment size, and changes to product mix were not included in the provided summaries. The information presented is based on statements attributed to the company, covering current capacity, post-expansion capacity expectations, and the FY27 revenue outlook.
MM Forgings plans new hot forging press to expand capacity and target FY27 revenue
MM Forgings plans to install a new hot forging press as part of an expansion aimed at increasing production capacity. The company currently has an installed capacity of about 1.2 lakh tonnes. After th...
- MM Forgings plans to install a new hot forging press.
- The company’s current installed capacity is about 1.2 lakh tonnes.
- After expansion, capacity is expected to rise to more than 1.5 lakh tonnes.
- MM Forgings targets around ₹2,000 crore revenue in FY27.
MM Forgings currently has an overall installed capacity of 1.2 lakh tonnes, which will rise to more than 1.5 lakh tonnes after the expansion, he said
15 hours agoMM Forgings currently has an overall installed capacity of 1.2 lakh tonnes, which will rise to more than 1.5 lakh tonnes after the expansion, he said
16 hours ago
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