# MM Forgings

- Headquarters: India
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Sites

| Place | Latest | Largest value | Types |
| --- | --- | --- | --- |
| Oragadam, India | 2023-02-23 | $25.0M | expansion, new_facility |
| India | 2022-09-01 | $3.13M | investment |

## Customers, suppliers and deals

- [Abhinava Rizel](https://endata.com/companies/65081.md): acquired, 1×, latest 2022-09-01
- [Suvarchas Vidyut](https://endata.com/companies/65082.md): investor, 1×, latest 2022-09-01

## Announcements (4)

- 2023-02-23: [MM Forgings subsidiary to set up EV prototype motor plant in Oragadam](https://endata.com/announcements/75905-mm-forgings-subsidiary-to-set-up-ev-prototype-motor-plant-in-oragadam) (Expansion · Oragadam, Tamil Nadu, India · $9.70M · starts operating Sep 2023)
- 2022-09-01: [MM Forgings sets up subsidiary Suvarchas Vidyut with ₹25 crore investment](https://endata.com/announcements/71071-mm-forgings-sets-up-subsidiary-suvarchas-vidyut-with-25-crore-investment) (Investment · India · $3.13M)
- 2022-09-01: [MM Forgings to invest ₹200 crore in new EV motor plant in Oragadam](https://endata.com/announcements/71070-mm-forgings-to-invest-200-crore-in-new-ev-motor-plant-in-oragadam) (New facility · Oragadam, India · $25.0M)
- 2022-09-01: [MM Forgings acquires 88% stake in Abhinava Rizel](https://endata.com/announcements/71069-mm-forgings-acquires-88-stake-in-abhinava-rizel) (Acquisition · Chennai, India)

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
