Sanghvi Forging & Engineering has announced that the company has bagged orders worth Rs 120 million.
The fresh orders have come in from Oil & Gas and Power sector. The majority of the orders received by the company are for its new heavy open die forging plant which is very encouraging.
Jyanti Sanghvi, MD, Sanghvi Forging & Engineering, said, 'Repeated orders for our new plant is quite encouraging for us. This is helping us to improve upon capacity utilization of the plant. And we are confident of reporting good amount of umbers in the upcoming quarters.''