Ganga Forging enters Elastic Rail Clip segment with ₹48 cr turnover

Ganga Forging Limited has entered the Elastic Rail Clip segment for Indian Railways, producing 3,25,000 clips monthly at ₹120 each, generating ₹3.9 crore per month and an annual turnover of ₹48 crore. Once approved, it can participate in procurement tenders, with an estimated net profit margin of around 20%, expanding its presence in the rail infrastructure sector.