India's Premier Conference and Exhibition - ForgeTech 2023 Receives an Overwhelming Response from The Indian Forging Industry

PRESS RELEASE

• 12-10-2023

Mumbai, October 12, 2023: ForgeTech India 2023, India's premier forging industry conference and exhibition organized by the Association of Indian Forging Industry (AIFI) has garnered an exceptional response from the Indian forging Industry. This much-anticipated event will take place from November 3rd to 5th, 2023 at The Westin, Pune, Maharashtra. The third edition of ForgeTech India will be held under the leadership of Mr. Vikas Bajaj - President of AIFI, Mr. Yash J Munot - Vice President of AIFI and Convenor of ForgeTech India 2023 and Mr. Asheet Pasricha - Co-Convenor, ForgeTech India 2023.

ForgeTech India 2023 is set to be a significant gathering of forging industry representatives, offering insights into diverse facets of the forging trade and industry. Inductoterm is the Title Sponsor for the event while prominent companies such as JSW Steel Ltd, Arjas Steel Pvt. Ltd, Electrotherm India Ltd., Swiss Steel India Private Ltd, JNH Press Co. Ltd., Tech Art Co. Ltd., are among other esteemed sponsors. Mr. Baba Kalyani, Managing Director of Bharat Forge will be presenting the keynote address at the event. Distinguished participants including renowned industry leaders such as Mr. Vidyashankar Krishnan, Mr. S Muralishankar­, Mr. Deven Doshi, Mr. Ranbir Singh, Mr. Abhay Raj Kapoor, Mr. Anil Javalekar and many more will be actively engaged in ForgeTech 2023.

It is expected that over 600 delegates from all over the world will be participating in this year’s edition. The event will feature technical paper presentations by renowned global experts, showcasing industry developments and the exhibition of supplier capabilities, equipment machinery and tooling innovations. Attendees will have the opportunity to explore emerging technologies, engage with peers and interact with experts from the forging and related industries worldwide. During this Conference and Exhibition, AIFI will be presenting the Forge Master awards.

Mr. Yash Munot, Convenor for ForgeTech India 2023 and Vice President of AIFI, expressed excitement, saying, "We are thrilled to announce the upcoming 3rd edition of ForgeTech India in Pune. This conference and exhibition represent a pivotal moment in strengthening the bonds between India's forging industry and its vital stakeholders. With a focus on industry growth and future trends, this edition of ForgeTech will serve as a collaborative platform for all industry players."

He added, “We have observed an overwhelming response from participants and exhibitors, reflecting the industry's enthusiasm for ForgeTech 2023, especially in the post-pandemic landscape. We anticipate significantly higher attendance compared to previous editions."

Mr. Vikas Bajaj, President of AIFI, highlighted the event's transformative potential, saying, “ForgeTech India 2023 holds boundless potential for the entire Indian forging industry. It vows to nurture innovation, drive technological advancements and elevate industry standards. Our focus remains on collaboration, knowledge sharing and the adoption of sustainable practices. We eagerly await the transformation of the Indian forging landscape post-ForgeTech India 2023, envisioning deeper industry collaborations, technology-driven efficiency and an unwavering commitment to quality assurance. This event serves as our gateway to forge new partnerships and propel the forging industry to new heights in the country."

JSW Steel Ltd. spokesperson said, “As a prominent steel company in India, we are eagerly looking forward to ForgeTech India 2023. We anticipate this event to be truly transformative, offering valuable insights into the world of forging technologies and industry trends. For the Indian forging industry, ForgeTech India 2023 holds immense promise, fostering a platform for knowledge exchange and facilitating growth opportunities. We are particularly excited about the potential collaborations with technology providers and industry experts to integrate cutting-edge technologies. ForgeTech India 2023 is set to serve as a catalyst for innovation and progress within the forging sector, and we are fully committed to being an active participant in this journey towards advancement and excellence."

Sridhar Krishnamoorthy, M.D. of Arjas Steel, said, “The Indian Forging Industry holds a pivotal role in driving and bolstering the landscape of Indian manufacturing. With a workforce exceeding 3 lakh skilled and semi-skilled individuals, and boasting over 400 forging units, spanning from small to large capacity enterprises, this industry adds significant economic value to the Indian economy. Moreover, the forging sector serves as a vital component in localizing component manufacturing and constructing robust supply chains for global markets in key sectors such as Automotive, Machinery, Energy, Transportation and various Engineering domains. Notably, the automotive sector is undergoing transformative changes, emphasizing reduced carbon footprint, circularity of materials, and green energy adoption. In sync with these trends, the forging sector is actively reinventing itself, embracing automation and reducing reliance on fossil fuels”.

The Association of Indian Forging Industry (AIFI) at present consists over 200 members, accounting for more than 80% of the total production of the Indian forging industry. The role of AIFI is to promote and develop the Indian Forging Industry to meet the demands and expectations of forging customers and end users, both domestic and global by improving the business environment for its members and contribute increasing their competitiveness through mutual co-operation and understanding of all parties concerned and constant updating of information and technology. Additionally, AIFI arranges for regional meeting across the country to understand issues and trends in the forging industry.

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