AMIC Forging Limited, a leading manufacturer of high-quality precision engineering components, has announced a strategic capital expenditure plan aimed at transforming the company into a fully-integrated, end-to-end engineering solutions provider. The company is investing heavily in backward integration and capacity expansion to meet growing demand and support long-term growth.
The majority of AMIC’s capex has been directed toward setting up in-house ingot manufacturing and significantly scaling up its forging and machining capabilities. These developments are expected to enhance operational efficiency, improve supply chain resilience, and reduce dependence on external suppliers.
Key Highlights of the Expansion:
- Forging Capacity: Increasing from 8,000 MT/year to 30,000 MT/year
- Machining Capacity: Expanding from 700 MT/year to 24,000 MT/year
- Ingot Manufacturing: New in-house capacity of 36,000 MT/year
- Operational Start Date: September 1, 2025
“This is more than just an expansion,” said Anshul Chamaria, Director, AMIC Forging Limited. “It’s a transformation. From being a basic forging company, we are now poised to become a fully integrated precision engineering firm. With the new investments, we expect to achieve triple-digit growth over the next 2–3 years.”
Backward Integration into Ingot Manufacturing
One of the most notable elements of the capex plan is the establishment of in-house ingot manufacturing. This backward integration is expected to significantly improve product quality, ensure timely execution, and yield substantial cost savings on raw materials. It also positions AMIC to meet the stringent demands of high-precision industries such as aerospace.
Advanced Forging with Electro-Hydraulic Furnace
In a major technological upgrade, AMIC has installed an advanced electro-hydraulic furnace, enhancing both quality and scale. The upgrade increases the company’s capability to manufacture single forged components of up to 8 tonnes, up from the earlier limit of 5 tonnes. The new setup ensures better consistency, energy efficiency, and precision — essential for serving a wider range of industrial applications.
Expanded Machining Operations
To address bottlenecks and rising demand, AMIC has significantly expanded its machining capacity. The investment aims to streamline operations and improve throughput, particularly for high-tolerance, complex components. The company is also exploring tighter machining work to optimize utilization and ensure timely delivery.