EV will cause a 60% decline in the forging and components industry over the next few years
The increase in steel, aluminium, and nickel prices have hammered the Forging Industry in India High fuel prices are still impacting customers and affecting purchase decisions EVs could have disruptive implications on the forging and auto component industry The high raw material prices continue to be a challenge The Association of Indian Forging Industry (AIFI) has witnessed a challenging time[Read More…]