Happy Forgings plans CAPEX worth Rs 650 crore
Industrial component maker Happy Forgings Ltd has planned a capital investment of approximately Rs. 650 crores. The aim is to establish advanced forging capabilities for the non-automotive industrial sector.
The new facility would produce heavy forged and machined components such as large crankshafts, axles, gears, valves, flanges, spindles, connectors, and shafts. It would produce components weighing up to 3,000 kilograms.
Also Read: Order worth around Rs 350 crore bagged by Happy Forgings