The forgings sector is vital to manufacturing and infrastructure, providing key components for industries such as automotive, aerospace, construction and heavy engineering. These companies produce durable, high-strength metal parts used in machinery, vehicles and industrial applications.
With rising demand for precision-engineered components and advancements in automation, the sector is witnessing steady growth.
Government initiatives promoting domestic manufacturing, infrastructure development and export potential further boost its prospects.
Investing in forgings’ sector stocks provides exposure to a critical industrial segment, with long-term opportunities driven by technological advancements, increasing industrial production and growing demand for high-performance forged products.