Buoyed by significant government initiatives and growing investments around manufacturing, there have been dramatic developments across industries today, and it can be observed in the Automotive industry sector too. Over the next five years, the tractor parts and components market is anticipated to grow at a 5.8 percent CAGR to reach $98.95 billion. The pandemic outbreak had a negative effect on the market with supply chains getting disrupted during the second quarter of 2020 due to lockdowns in various parts of the world, as it downturned the production and sales too globally. However, as the economies have begun to recover, the market is expanding rapidly along with the introduction of new products.
Established in 2002, Luxmi Cast & Forge is a manufacturer of forging and casting of tractor parts, automobile parts, transmission line parts, and scaffolding. The Ludhiana-based business is currently concentrating on O.E.M. sales and Export markets. The company had advanced machinery, technology to design and manufacture fully machined parts and also supplying raw forgings and Castings used in agriculture and automotive after ensuring high quality & cost effectiveness.
The company is strictly implementing Total Quality Management (TQM) & Continuous Improvement Process (CIP) to ensure Best Material at Competitive Prices. Having in-house Laboratories and Heat treatment plant & standard room, the company ensures strict quality checks in place right from the procurement of raw materials to finished products. Company is working on the production line to ensure high production with good quality and cost effective materials at time delivery.
Talking for the Capacity, the company offers General Forging from 0.200 kg to 15 kg pc wt & Castings from 0.500 kg to 75 kg per pc. Product range include auto parts, tractor parts, and engineering parts. All of its products meet the standards set by their devoted customers as well as all other relevant legal, regulatory, and regulatory requirements. The company adheres to national and international standards and is dedicated to providing customers with high-quality goods & services. Main Components in Forgings include Two Wheeler Steering Brackets, Axles for auto parts and tractors, 3 Point Linkage parts, Lift Arms, Eye Bolts,
Tie rods for suspension parts, Spider Differential Bevel cross, cross holder yokes, and cross. Components in Castings include Bell Housing, Bevel Cage, Tractor Wheel Hubs, oil tanks, Break Drums, Disk Break for different tractors. Machining: Axles, Wheel Hubs, Break Drum, Sewing Machine Parts.
Luxmi Cast & Forge is committed to the basic tenet of their philosophy, which is to find various ways to reduce wastage and improve customer satisfaction while also serving society and mankind through its high-quality products. The company’s stringent quality control procedures are valued by its loyal customers everywhere. The whole team is aware of the necessity of gaining someone's trust and ascending to new levels of success, both of which can take years.
Further, the firm has a robust infrastructure in place which is integrated with latest machineries and technologies, and include mechanical presses, drop forging hammers, cold coining presses with automated casting line of ARPA 450 & 900 foundry production line in which the company is producing graded Cast Iron Castings & S G Iron Castings as per customer drawings and given standards. Till date and going forward, Luxmi Cast & Forge has established, documented, implemented, and maintained a quality management system while continuously enhancing its efficacy.
Our mission is to be a trusted supplier of loyal customers by providing them with technologically advanced and commercially viable products that meet and exceed their expectations
Luxmi Cast & Forge has installed multi-manufacturing technology with backward integration of the plant to have highly flexible manufacturing for casting, and forged components as per material grades and drawings required by customers. It has its own heat treatment shop, laboratory, tool room to manufacture in-house forging and casting tools, press tools, jigs & fixtures, laboratory, machining center for making forging dies and machined components. "We are prepared to take on market competition in the future and are striving to grow our company and increase our production capabilities in response to customer demand. We also strive to continuously improve our technology, implement efficient quality management systems, and foster the overall development of each employee in line with the company's expansion”, concludes Ashish Bansal, Founder, Luxmi Cast & Forge .
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