The automotive components industry is a vital pillar of global manufacturing, and in India, it is rapidly advancing with growing demand for high-quality, cost-effective solutions. HIM Teknoforge is a key player in this space, with over five decades of experience.
Founded in 1981 by Vijay Agarwal as a forging supplier to Eicher Tractors, the company has evolved into a diversified engineering powerhouse, serving automotive, defense, commercial vehicle, railways, material handling, and electric vehicle sectors. The company expanded into machining in the mid- 1990s and entered the defense sector in 2002 by developing indigenous track chains for armored vehicles.
Today, it is a crucial partner in India’s first locally built tank project with Tata Advanced Systems. Him Teknoforge Ltd is a family business where Jt MD Rajiv Aggarwal , a Chartered Accountant by profession has played an integral part in the companies growth along with Vinod Aggarwal who also played a crucial role in the inception of the Family’s entrepreneurial journey in 1975. Further members from the second generation include Manan Aggarwal, Ankur Aggarwal & Nitin Aggarwal, Mrinal Aggarwal & Aditya Aggarwal.
Overcoming Challenges
HIM Teknoforge’s resilience is evident in its ability to navigate industry-wide downturns, such as the economic slump in the late 1980s and the disruption caused by COVID-19. With strong backing from financial institutions, loyal customers, and swift internal action, the company saw nearly double-digit growth even during the 2020 pandemic.
One of the key challenges has been the shortage of a skilled workforce, particularly in Himachal Pradesh, where the local vendor ecosystem is not as developed as regions like Pune or NCR. Instead of relying on external vendors, the company turned this challenge into an opportunity by building robust in-house capabilities. "Every challenge is an opportunity our growth is built on customer trust, in-house excellence, and a relentless drive to deliver quality at global standards," states Mrinal Aggarwal, VP, Forging Operation at HIM Teknoforge.
Carving a Niche
HIM Teknoforge differentiates itself through its broad product portfolio and unmatched flexibility. The company offers everything from raw forgings and CNC blanks to complex transmission gears, suspension parts, steering components, and forged bevels.
While working with tier-one suppliers is known to be challenging, the company has taken quick actions whenever required , thereby securing long-term business with its customers. This hasled to longstanding partnerships with major OEMs like VE commercils, Mahindra, Tata, John Deere , Ashok Leyland and Escorts.
Today, HIM Teknoforge has entered a strategic joint venture with Borghi Assali SRL, by integrating its design and technological strengths to expand its presence in Indian and Asian markets to deliver high-value products to customers.
Sustainability and Technological Edge
All HIM Teknoforge units have been IATF certified for over a decade, demonstrating a long-standing commitment to quality. The plants in Baddi are now undergoing ISO 14001 certification to further strengthen their focus on environmental and safety standards. Over the past five years, even before COVID-19, the company has prioritized sustainability, significantly reducing its carbon footprint by powering 30-40 percent of its operations through captive rooftop rooftop solar plants at some of its facilities and plans to install Rooftop Solar plants on all its facilities within next 12 months.
HIM Teknoforge has invested heavily in in-house processes that many competitors outsource, such as phosphating, powder coating, semi-automatic paint shops, automatic welding, fabrication, and laser cutting. These comprehensive capabilities ensure strict quality control and faster turnaround times.
The company leverages advanced in-house technology, including 3D scanning, reverse engineering, laser checking, ultrasonic washing, and electronic diameter checking. All forging plants use induction heaters and globally aligned high-tech presses. Recent upgrades include five-axis Mazak machines and German gear grinding equipment, enabling production of of DIN 6 quality gears ideal for EV applications. These investments have significantly enhanced machining precision, strengthened manufacturing capabilities, and ensured consistent delivery of high-quality, on-time products that meet international standards.
The Future Roadmap
HIM Teknoforge is targeting ambitious growth, aiming to enhance its revenue substantially in the next three to four years and simultaneously enhance its export revenue also by entering different markets and product segments & pursue joint ventures and technical collaborations. It is also scaling its electric three-wheeler portfolio and setting up a new advanced press shop in Central India.
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