Mumbai Launches Visionary GenNext Forum to Shape the Future of Indias Forging Industry
Mumbai marked a pivotal moment in India’s industrial growth as the Association of Indian Forging Industry (AIFI) officially launched the GenNext Entrepreneurs Forum, a first-of-its-kind platform designed to nurture and empower the next generation of forging industry leaders. The initiative is aimed at driving innovation, sustainability, and global competitiveness within the sector by engaging young entrepreneurs and professionals through targeted leadership programmes and collaborative learning opportunities.
The forging sector, long dominated by traditional practices, now finds itself at the threshold of technological transformation, as India continues to grow at a robust average of 7.2% over the past three fiscal years. In this rapidly shifting landscape shaped by artificial intelligence, robotics, IoT, and fintech, the GenNext Forum emerges as a forward-thinking platform to help young industrialists adapt, lead, and thrive.
President of AIFI, Yash Munot, stated that the GenNext Entrepreneurs Forum is not merely a platform, but a movement committed to redefining the future of forging in India. He emphasized that the initiative will empower young leaders with advanced knowledge, global exposure, and the collaborative tools necessary to take their family-run or independent businesses to the next level.
The Forum’s activities will include exclusive leadership development programmes in partnership with India’s top academic institutions, international industrial visits, skill-building workshops, and networking events that span across sectors. Special focus will be given to building capacity in emerging technologies, sustainable practices, and strategic decision-making to ensure members stay ahead of the curve.
Senior Officials of Rachamallu Forgings based in Hyderabad, expressed pride in being a part of the GenNext Forum. He highlighted the platform’s potential to infuse new perspectives, offer shared learning opportunities, and create a bridge between legacy expertise and next-gen innovation.
With the forging industry playing a crucial role in India’s manufacturing ecosystem, AIFI’s GenNext Forum reflects a long-term commitment to positioning India as a global hub for advanced manufacturing. The platform will serve as a catalyst for both individual growth and collective industry progress, aligning with AIFI’s broader vision for innovation, excellence, and global leadership in the forging sector.
