Kranti Industries Limited, a BSE-listed precision component manufacturer, has announced its entry into the heavy-duty gearbox component segment following the receipt of a sample purchase order from Bonfiglioli Transmission Private Limited. This development marks a significant strategic move for Kranti Industries as it expands its footprint into more complex and high-value engineering domains.
The order involves the development and supply of industrial machinery components for application in heavy-duty gearbox systems—a new and technically sophisticated product category for the company. This venture not only showcases Kranti’s growing engineering capabilities but also aligns with its long-term vision of diversifying into high-precision, value-added solutions.
Key Highlights:
- Client: Bonfiglioli Transmission Private Limited
- Nature of Order: Sample purchase order for heavy-duty gearbox components
- Estimated Annual Business Potential: ₹6.84 crore
- Segment: New industrial machinery product line
- Timeline: As per terms outlined in the purchase order
Speaking on the development, Mr. Sachin Subhash Vora, Chairman & Managing Director of Kranti Industries Limited, stated:
“We are delighted to initiate this partnership with Bonfiglioli Transmission. This milestone reaffirms our technical depth and adaptability in responding to the evolving needs of advanced mechanical systems. The project allows us to extend our expertise into a highly demanding product segment and enhances our reputation as a trusted supplier of sophisticated, performance-oriented components.”
He further added that this move is in line with Kranti’s strategic objective of venturing into niche engineering solutions and strengthening its market position in specialized industrial manufacturing. The company anticipates that this foray will unlock further opportunities and contribute to sustained growth.
About Kranti Industries Limited (BSE: 542459):
Established in 1981, Kranti Industries is a Pune-based auto ancillary company with over four decades of industry experience. It is certified with IATF 16949:2016, ISO 9001:2015, ISO 14001, and ISO 45001:2018. The company serves global OEMs in the Tractor, Construction Equipment, Automotive, and Electric Vehicles sectors. With three state-of-the-art manufacturing units and a robust infrastructure of 80+ advanced production machines, Kranti delivers precision-engineered components across varied applications.