In a significant move to drive sustainability in India's forging industry, the Association of Indian Forging Industry (AIFI) signed a Memorandum of Understanding (MoU) today with the Bureau of Energy Efficiency (BEE).
The partnership aims to accelerate the adoption of energy-efficient technologies across forging MSMEs under BEE’s Accelerating Deployment of Energy Efficient Technologies in MSMEs (ADEETIE) initiative.
The agreement was signed in Panipat, Haryana, in the presence of Union Minister Shri Manohar Lal, underscoring the government's strong push towards decarbonizing energy-intensive sectors like forging.
This collaboration will focus on introducing advanced energy-saving technologies such as induction heating systems, variable frequency drives (VFDs), and energy-efficient furnaces. It also brings technical support, training programs, and access to financial assistance for MSMEs to make this transition smoother and more impactful.
Also Read: Why Sustainability in Operational Strategy Leads to Resilience and ROI
Forging units—especially those in major industrial clusters like Ludhiana and Pune—stand to benefit from lower energy costs, enhanced competitiveness, and improved compliance with evolving environmental standards. The move is expected to not only cut operational expenses but also help manufacturers align with India’s long-term net-zero goals.
By combining technical expertise with policy support and funding pathways, the AIFI-BEE partnership is poised to become a transformational force for forging businesses seeking sustainable growth in a challenging global market. This MoU marks a key step toward making the Indian forging industry cleaner, smarter, and future-ready.
We use cookies to ensure you get the best experience on our website. Read more...