Super Auto Forge Plans ₹500 Crore Investment for Capacity Expansion and Technology.

Super Auto Forge Pvt Ltd, a Tier 2 auto component supplier based in Chennai, is set to invest ₹500 crore over the next five years in expanding its capacity and upgrading technology. This decision stems from a positive growth outlook in both export and domestic markets.

Having completed a ₹350 crore expansion in March this year, the company now plans further investments to enhance its capabilities in cold, warm, and aluminum forging lines.

“We have 90% visibility of our order book for the next two years and 70% for the next four years, as we engage with customers well in advance,” stated S. Seetharaman, Chairman of Super Auto Forge, during a recent interaction.

With a robust order book and promising prospects for new orders, Super Auto Forge anticipates nearly doubling its revenue over the next five years.

“We ended FY24 with a topline of ₹1,580 crore and are hopeful of reaching ₹2,000 crore by the next fiscal year. We aim to achieve a revenue milestone of ₹3,000 crore by FY29,” Seetharaman added.

HBL