Sanghvi Forging & Engineering Ltd has received an order worth Rs. 11 crore. The fresh orders have come in from Oil & Gas, and Power sectors. The majority of the orders received by the company are for its new heavy die forging plant.
Continuous flow of orders for the company during the recent past is a positive for the company and its growth. The company’s newly started heavy open die forging unit with the capacity of 15000 MTPA has increased the company’s forging capacity fivefold. The company is receiving good amount of orders from Oil & Gas, power, defence and irrigation sectors for its new plant.
The new plant is equipped with product, quality approvals from all major industrial sectors, ie, petrochemicals, power, oil & gas, defence, aerospace sectors, etc.
Commenting on the orders, Jayanti Sanghvi, Managing Director, Sanghvi Forging & Engineering Ltd said, “The new spate of orders from the Oil & Gas and Power Sectors show that our quality is being increasingly accepted by them. Also the fact that these sectors use a high component of forging is good for our company.”
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