As the global population continues to grow at a phenomenal rate, the automotive and engineering sector worldwide has been witnessing tremendous growth in recent times. However, the heightened competition that currently persists across markets has forced companies to engage in rigorous R&D and innovation to make the vehicles stronger, more lightweight, fuel-efficient, and perform better in all conditions. While this has resulted in a huge demand for forged and machined automotive components, the widespread EV adoption worldwide has added further fuel to the industry growth. As per a recent report from Persistence Market Research, the global forged automotive components market which is currently valued at $50.3 billion is expected to amount to $70.7 billion by 2032, showcasing a CAGR of five percent during the forecast period.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Forged Automotive Component Manufacturers - 2025" by recommending those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
Baba N Kalyani, CMD
Bharat Forge
Offers critical parts such as crankshafts, front axle beams, steering knuckles, and chassis components for passenger vehicles, commercial vehicles, and electric vehicles
Manoj Mullassery Menon, Executive Director & CEO
CIE Automotive India
The company is known for producing high-performance components like crankshafts, connecting rods, suspension arms, and differential cases, utilizing advanced forging and machining technologies
Soumendra Basu, Chairman & Independent Director
Endurance Technologies
Delivers a full spectrum of highperformance products, including forged and precision-machined components, and is driven by engineering innovation and vertical integration
Vijay Agarwal, CMD & Founder, Mrinal Aggarwal, VP, Forging Operations
HIM Teknoforge
Provides raw forgings and CNC blanks to complex transmission gears, suspension parts, steering components, and forged bevels, leveraging advanced in-house technologies such as 3D scanning, and more
A Muhammad Umar Sharief, CEO
Innoforge
Specializes in manufacturing highquality components for industries such as oil and gas, energy, marine, mining, railways, automotive, and construction
Vidyashankar Krishnan, CMD
MM Forgings
Utilizing advanced dropforging processes and precision CNC machining, the company manufactures items such as crankshafts, connecting rods, differential gears, axle and suspension parts
Naresh Jalan, Managing Director
Ramakrishna Forgings
With advanced forging processes, precision CNC machining, and rigorous quality controls, the company serves passenger vehicles, commercial vehicles, and off‑road machinery
Anooj Dharm Garg, Founder & Managing Director, Dr Shrikrishan Yogi, Group CEO & Sr. Executive Director
Sunstar Precision Forge
A manufacturer and supplier of a wide range of forged, machined, and sub-assembled components for the automotive sector, as well as the agriculture, off-road, and HCV-CV sectors
Viren Pithva, CEO
Taj Industries
Specializing in critical parts such as crankshafts, connecting rods, camshafts, and differential gears, the company serves OEMs across passenger vehicles, commercial vehicles, and off-road machinery
Tarang Jain, CMD
Varroc Engineering
The company's integrated engineering and manufacturing operations support both domestic and international clients, combining innovation, reliability, and supply chain excellence
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