Process of Forging remodels a metal or substance by pressing, binding, heating, squeezing and hammering with peer pressure. Forging is one of the oldest and traditional methods of manufacturing wide variety of finished forged components used in almost all the industrial applications like printing machinery, paper manufacturing, automobiles, defense equipment, prime movers, power generation, aerospace, chemical plants etc. This industry has witnessed remarkable changes in the terms of production technology, research and development, investments and costs since the last few years. The leading manufacturers of automotive forging are ThyssenKrupp, Amtek Group, EL Forge Ltd, Bharat Forge, and Sundaram Fasteners Ltd. The automobile forging industry accounts for more than US $ 6 billion in sales per annum. The forged components are manufactured extensively by more than 250 forging companies based in US, Canada and Mexico.