Code #3678
Industry Overview
MM Forgings Limited (MMF) was originally incorporated in 1946 as Madras Motors Ltd, engaged in the trading and retail of motorcycles from Enfield, UK, manufactured by Royal Enfield, India. Under the vision and commitment of its founder, Late Sri S. E. Krishnan, FCA, the Company diversified from trading into manufacturing and established its first forging facility at Singampunari in Sivagangai District, Tamil Nadu, in 1974 with a capacity of 780 MT.
Built around a commitment to total customer satisfaction through quality, timely delivery and competitive pricing, MMF has expanded its manufacturing capabilities and established a presence in the international market. The Company has developed a position as one of the largest exporters of forgings in India within its product range, with 60% of its sales being exported. It has also received the Engineering Export Promotion Council (EEPC) award for export excellence for 27 consecutive years.
MMF has continuously expanded its operations by adding state-of-the-art forging facilities and machining capabilities to meet the requirements of international customers. Its manufacturing activities include capabilities relevant to products such as front axle beams and stub axles, supported by machining, inspection, cleaning, deburring, magnetic particle inspection and anti-rust oiling processes.
Cost Estimation
| Particulars | Value |
|---|---|
| Plant Capacity | 1120 Nos/Day |
| Land & Building (40,000 sq.mt.) | Rs. 46.00 Cr |
| Plant & Machinery | Rs. 116.40 Cr |
| Working Capital for 2 Months | Rs. 32.83 Cr |
| Total Capital Investment | Rs. 197.24 Cr |
| Rate of Return | 15% |
| Break Even Point | 21% |
Content Index
- INTRODUCTION
- KEY PERFORMANCE HIGHLIGHTS
- MANUFACTURING FACILITIES
- GREEN POWER
- THE COMPANY ALSO HAS SOLAR FARMS IN TAMILNADU AT THE FOLLOWING SITES:
- FACILITIES
- THE FACILITIES INCLUDE
- CREDIT RATING
- THE COMPANY ENJOYS GOOD CREDIT RATING AS BELOW:
- SUBSIDIARY COMPANY IN UTTARAKHAND
- EXPANSION
- COMPANY AND MANAGEMENT
- PARTICULARS OF BOARD OF DIRECTORS:
- INTRODUCTION ABOUT PRODUCT
- FRONT AXLE BEAM AND STUB AXLE
- FRONT AXLE BEAM
- STUB AXLE
- USES AND APPLICATION
- B.I.S. SPECIFICATION
- PROCESS FLOW CHART
- FOR FRONT AXLE BEAM
- FOR STUB AXLE
- PRODUCTION PROCESS FOR FRONT AXLE BEAM AND STUB AXLE
- MACHINING
- THERE ARE FOLLOWING MACHINING OPERATION ARE GIVEN BELOW:
- (1) MILLING OPERATIONS
- THERE ARE FOLLOWING TYPES OF OPERATIONS IN MILLING PROCESS
- (A) FACE MILLING
- MOUNTING THE WORKPIECE
- DEPTH OF CUT
- (B) GANG MILLING
- (2) DRILLING PROCESS
- ESTABLISHING A CENTERING MARK OR FEATURE BEFORE DRILLING, SUCH AS BY
- SPOT DRILLING
- CENTER DRILLING
- DEEP HOLE DRILLING
- GUN DRILLING
- MICRO DRILLING
- DRILLING IN METAL
- (3) BOARING OPERATIONS
- (4) TURNING OPERATION
- TURNING SPECIFIC OPERATIONS INCLUDE:
- HARD TURNING
- FACING
- PARTING
- GROOVING
- NON-SPECIFIC OPERATIONS INCLUDE:
- BORING
- KNURLING
- (5) DEBURRING OPERATIONS
- WHAT IS BURR AND HOW DOES IT OCCUR?
- (6) CLEANING PROCESS
- (7) MAGNETIC PARTICLE INSPECTION
- PROCEDURE
- 1.0 MAGNETIC PARTICLE INSPECTION - SCOPE
- 2.0 MAGNETIC PARTICLE INSPECTION -DESCRIPTION OF METHOD
- 3.0 MAGNETIC PARTICLE INSPECTION - EAUIPMENT AND MATERIALS
- 4.0 MAGNETIC PARTICLE INSPECTION - PARTS TO BE EXAMINED
- 5.0 MAGNETIC PARTICLE INSPECTION - SURFACE PREPARATION
- 6.0 MAGNETIC PARTICLE INSPECTION - EQUIPMENT AND CONSUMABLE CONTROL
- 7.0 MAGNETIC PARTICLE INSPECTION - LIGHTING CONDITIONS
- 8.0 MAGNETIC PARTICLE INSPECTION - DIRECTION OF MAGNETISING FIELD
- 9.0 MAGNETIC PARTICLE INSPECTION - SEQUENCE OF OPERATIONS
- 10.0 MAGNETIC PARTICLE INSPECTION - EVALUATION OF INDICATIONS
- 11.0 MAGNETIC PARTICLE INSPECTION - ACCEPTANCE CRITERIA
- 12.0 MAGNETIC PARTICLE INSPECTION - PERSONNEL QUALIFICATION
- 16.0 MAGNETIC PARTICLE INSPECTION - REFERENCED DOCUMENTS
- (8) INSPECTION PROCESS
- FUNDAMENTALS OF INSPECTION
- TYPES OF INSPECTION
- INSPECTION PROCEDURE
- EXAMINATION
- DECISION
- ACTION
- INSPECTION ACCURACY
- INSPECTION VS. TESTING
- AUTOMATED INSPECTION
- FEEDBACK PROCESS CONTROL
- TIMING OF INSPECTION
- OFF-LINE INSPECTION METHODS
- ON-LINE/IN-PROCESS AND ON-LINE/POST-PROCESS INSPECTION METHODS
- (9) ANTI RUST OILING PROCESS
- UNDERSTANDING THE RUSTING PROCEDURE
- INCONSISTENT ATOMS
- CORROSION ON A BUSINESS SCALE
- OILING PREVENT RUSTING: RUST REMOVER OILS
- AUTOMOTIVE RUST REMOVAL TREATMENT
- RUST REMOVING CHEMICALS
- DEBURRING MACHINE
- LINEAR DEBURRING MACHINES
- DOUBLE-SIDED DEBURRING MACHINES
- DISC BRUSHES
- MOST USED MATERIALS:
- MARKET OVERVIEW
- MARKET SIZE
- INVESTMENTS
- GOVERNMENT INITIATIVES
- ACHIEVEMENTS
- ACHIEVEMENTS
- ROAD AHEAD
- INTRODUCTION
- MARKET SIZE
- INVESTMENTS
- ACHIEVEMENTS
- GOVERNMENT INITIATIVES
- ROAD AHEAD
- AUTOMOTIVE AXLE & PROPELLER SHAFT MARKET DYNAMICS
- DRIVERS
- RESTRAINTS
- OPPORTUNITIES
- CHALLENGES
- OBJECTIVES OF THE AUTOMOTIVE AXLE & PROPELLER SHAFT MARKET STUDY
- RESEARCH METHODOLOGY OF AUTOMOTIVE AXLE & PROPELLER SHAFT MARKET
- TO KNOW ABOUT THE ASSUMPTIONS CONSIDERED FOR THE STUDY
- PASSENGER CARS
- LIGHT COMMERCIAL VEHICLES
- HEAVY COMMERCIAL VEHICLES
- FRONT AXLE
- REAR AXLE
- DEAD AXLE
- LIVE AXLE
- TANDEM AXLE
- FRONT PROPELLER SHAFT
- REAR PROPELLER SHAFT
- INTER-AXLE PROPELLER SHAFT
- DETAILED EXPORT DATA OF FRONT AXLE BEAM
- EXPORT DATA OF RIGHT STUB AXLE
- IMPORT DATA OF FRONT AXLE BEAM
- IMPORT DATA OF RIGHT STUB AXLE
- PLANT LAYOUT
- SUPPLIERS OF FRONT AXLE BEAM
- SUPPLIERS OF STUB AXLE
- SUPPLIERS OF RAW MATERIALS
- SUPPLIERS OF STEEL FORGING
- SUPPLIERS OF CUTTING FLUID
- SUPPLIERS OF PACKING MATERIALS
- SUPPLIERS OF DEGREASING CHEMICAL
- SUPPLIERS OF PICKLING CHEMICALS
- SUPPLIERS OF OIL AND GREASE
- SUPPLIERS OF PLANT AND MACHINERY
- SUPPLIERS OF MILLING MACHINE
- SUPPLIERS OF CNC LATHE MACHINE
- SUPPLIERS OF BOARING MACHINE
- SUPPLIERS OF POWER HACKSAW
- SUPPLIERS OF GRINDING MACHINE
- SUPPLIERS OF DRILLING, LATHE, TAPING MACHINES
- SUPPLIERS OF DG SETS
- SUPPLIERS OF EOT CRANE
- SUPPLIERS OF POWER TRANSFORMERS
- SUPPLIERS OF ELECTRICAL PANEL
- SUPPLIERS OF ELECTRIC MOTOR
- SUPPLIERS OF AIR POLLUTION CONTROL EQUIPMENTS
- SUPPLIERS OF AIR CONDITIONING EQUIPMENTS
- SUPPLIERS OF AIR COMPRESSORS
- SUPPLIERS OF PLATFORM WEIGHING MACHINE
- SUPPLIERS OF MATERIAL HANDLING EQUIPMENTS
- SUPPLIERS OF FIRE FIGHTING EQUIPMENTS
- SUPPLIERS OF SHOT BLASTING MACHINE
- SUPPLIERS OF JIGS AND FIXTURE
- SUPPLIERS OF SUBMERSIBLE WATER PUMP
Appendix
- APPENDIX – A:
- 01. PLANT ECONOMICS
- 02. LAND & BUILDING
- 03. PLANT AND MACHINERY
- 04. OTHER FIXED ASSESTS
- 05. FIXED CAPITAL
- 06. RAW MATERIAL
- 07. SALARY AND WAGES
- 08. UTILITIES AND OVERHEADS
- 09. TOTAL WORKING CAPITAL
- 10. TOTAL CAPITAL INVESTMENT
- 11. COST OF PRODUCTION
- 12. TURN OVER/ANNUM
- 13. BREAK EVEN POINT
- 14. RESOURCES FOR FINANCE
- 15. INSTALMENT PAYABLE IN 5 YEARS
- 16. DEPRECIATION CHART FOR 5 YEARS
- 17. PROFIT ANALYSIS FOR 5 YEARS
- 18. PROJECTED BALANCE SHEET FOR (5 YEARS)
Frequently Asked Questions
A front axle beam is a structural automotive component that supports and locates front-wheel assemblies in applicable vehicle designs. It is manufactured to withstand substantial mechanical loads and maintain dimensional accuracy during vehicle operation. The report covers front axle beams as a principal product, including their uses and applications, production process, machining operations, inspection procedures and related market considerations. Manufacturing commonly involves forging followed by machining and quality-control operations to achieve the required geometry and functional characteristics.
A stub axle is an axle-related automotive component associated with the mounting and movement of a wheel assembly. Its design and manufacturing requirements depend on the vehicle application and suspension arrangement. The report specifically covers stub axles alongside front axle beams, including production process, machining, inspection and export and import data. Manufacturing operations may include forging, turning, milling, drilling, boring, deburring, cleaning and inspection, with process controls used to achieve the required dimensional and surface characteristics.
Front axle beams and stub axles can involve forging followed by a sequence of machining and finishing operations. The report describes milling, drilling, boring, turning, deburring and cleaning processes, followed by inspection activities. Turning operations may include facing, parting, grooving and hard turning, while drilling can include spot drilling, center drilling, deep-hole drilling, gun drilling and micro drilling. These operations are selected according to the component design, material, dimensional requirements and production process.
Magnetic particle inspection is used to identify relevant surface and near-surface discontinuities in suitable ferromagnetic components. The method involves magnetising the component and observing indications produced by magnetic particles at discontinuities. The report addresses the scope, method description, equipment and materials, surface preparation, lighting conditions, magnetising-field direction, sequence of operations, evaluation of indications, acceptance criteria and personnel qualification. Proper control of the inspection process helps support consistent quality assessment of manufactured components.
Deburring removes unwanted raised edges and residual material created during machining and other manufacturing operations. This improves component handling, supports dimensional and functional requirements, and helps prepare surfaces for subsequent cleaning, inspection, coating or preservation. The report discusses deburring operations as well as linear deburring machines, double-sided deburring machines and disc brushes. The appropriate deburring method depends on the component geometry, material, burr characteristics, production volume and required surface condition.
Anti-rust oiling helps protect exposed steel surfaces from corrosion during storage, handling and transportation. Steel components can react with moisture and environmental contaminants, making corrosion protection an important part of post-processing. The report includes an anti-rust oiling process and discusses rusting, corrosion, rust-removing oils, automotive rust-removal treatment and rust-removing chemicals. The selection and application of a suitable protective treatment should be aligned with the material, surface condition, storage environment and subsequent manufacturing or assembly requirements.
An axle component manufacturing plant can require forging, machining, material-handling, inspection, utility and finishing equipment. The report identifies equipment categories including milling machines, CNC lathe machines, boring machines, power hacksaws, grinding machines, drilling and tapping machines, DG sets, EOT cranes, power transformers, electrical panels, air compressors, shot blasting machines and material-handling equipment. Supporting systems can include fire-fighting equipment, air-pollution control equipment, weighing machines, jigs and fixtures, and water pumps, depending on the plant configuration and production requirements.
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