With India’s economy accelerating at an average growth rate of 7.2% over the past three fiscal years, and industries swiftly embracing disruptive technologies such as AI, IoT, robotics, and fintech, the forging sector stands at the threshold of a significant transformation. The GenNext Entrepreneurs Forum is AIFI’s proactive response to this new industrial paradigm, recognising the enthusiasm, adaptability, and global outlook of the next generation in family-owned forging businesses.

Speaking on this transformative initiative, Yash Munot, President, Association of Indian Forging Industry (AIFI), said, “The GenNext Entrepreneurs Forum is not just a platform, it’s a movement to shape the future of the Indian forging industry. Our vision is to position Indian forging as a global benchmark for innovation, quality, and sustainability. Through this forum, we aim to harness the creativity, energy, and ambition of the next generation of entrepreneurs. We are committed to offering them strategic insights, access to industry’s best practices, leadership training through academia-industry partnerships, and global exposure. This initiative will play a critical role in addressing succession challenges, updating traditional business models, and building a collaborative ecosystem that ensures the industry’s sustained growth and global competitiveness. Our mission remains focused on promoting excellence in technology, operations, and leadership anchored firmly in sustainable and inclusive development.”

The Forum seeks to provide a dedicated platform for young forging entrepreneurs to engage in peer-to-peer knowledge exchange, participate in leadership development programmes, and stay aligned with emerging global trends and technologies. Its activities include strategic sessions, academic collaborations, policy discussions, and exposure visits to innovation hubs. The initiative marked its first milestone with a launch event in Hyderabad, which included a visit to the CII-Godrej Green Business Centre, India’s first LEED Platinum-certified green building, and an engaging leadership workshop titled “Re-inventing Family-Owned Businesses and Shifting Orbits of Growth”, conducted by renowned innovation strategist Dr. Rahul More.

Ankit Mehta, Director, KLM Forge Pvt. Ltd., Pune, said, “In an evolving industrial landscape, collaboration and innovation are more critical than ever. AIFI GenNext Entrepreneurs Forum invites young forgers like me to actively engage with peers, exchange ideas on modern forging practices, and explore the latest technologies shaping our industry.”

Future activities under the Forum will include interactions with young leaders from across industries, leadership programmes in collaboration with top academic institutions, overseas study missions, and capacity-building initiatives on cutting-edge topics such as artificial intelligence, robotics, machine learning, cybersecurity, and ESG frameworks. By creating a culture of continuous learning and forward-thinking, the AIFI GenNext Entrepreneurs Forum is set to become a defining platform for shaping the future of the forging industry in India.

Sivarjun Rachamallu, GM,  Rachamallu Forgings Pvt. Ltd., Hyderabad, said, “I am honoured to be part of the GenNext Entrepreneurs Forum, a visionary initiative by the Association of Indian Forging Industry (AIFI). GenNext serves as a platform for the next generation of forging professionals, where fresh perspectives meet seasoned expertise. The forum aims to drive positive transformation in the forging sector by advancing technology, promoting sustainability, and contributing to the development of progressive industry policies at the governmental level.”

This initiative aligns seamlessly with AIFI’s broader vision to position the Indian forging industry as a global leader in manufacturing excellence, innovation, and sustainability. Through strategic advocacy, skill development, and a strong focus on collaborative growth, AIFI remains committed to empowering the sector and driving its transformation on the world stage.

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Vikas Bajaj Managing Director and CEO Bajaj Motors and President of AIFI, congratulated Jotshi on his new role, stating, “We are delighted to welcome Ashwani Jotshi as the Secretary General of AIFI. His extensive experience and visionary leadership will be invaluable as we navigate the challenges and opportunities in the forging industry. We look forward to his strategic insights and initiatives that will further strengthen our industry.”

Ashwani Jotshi, in a brief statement on his vision and goals for AIFI, said, “ I am thrilled to take on the role of Secretary General at the Association of Indian Forging Industry (AIFI). The forging industry plays a crucial role as a key link between critical manufacturing segments and end-user industries. With its presence in vital sectors like Automotive, Off-Highway, Railroad Equipment, Agriculture Machinery, Defense, and Aerospace, the Indian Forging industry is globally recognized for its technical expertise. However, it faces challenges such as a shortage of skilled manpower, rising energy prices, low-cost imports, increasing raw material costs, and inadequate support for micro and small units. I am eager to work alongside the AIFI team to address these challenges and propel the Indian Forging industry towards greater success and global competitiveness.”

During his tenure at ACMA, Jotshi led several notable projects and achieved significant milestones. He facilitated OEM customer visits, organized tech shows, and conducted B2B meetings, buyers-sellers meets, and exhibitions. He engaged with state governments on industry issues, conducted sessions on laws and regulations like GST, and initiated numerous training programs, workshops, and competitions.  Jotshi was also responsible for expanding the ACMA Western Region across Maharashtra, Gujarat, and Madhya Pradesh, establishing new offices in Pune, Ahmedabad, and Indore. During his tenure at ACMA, Jotshi traveled overseas on various assignments which helped to strengthen global connections. He also initiated the launch of HR, CFO, and Digital Forums, and promoted industry development through engaging activities.

As the new Secretary General of AIFI, Jotshi plans to focus on several immediate initiatives aimed at enhancing the association’s impact and reach. He intends to broaden AIFI’s membership base to include a wider range of stakeholders, increase the number of educational and knowledge-sharing sessions, and form strategic partnerships to benefit the association and its members. Additionally, Jotshi will also initiate forums for young business leaders and digital innovators and conduct comprehensive industry surveys to gather insights and drive development. His appointment marks a significant step forward for AIFI as it continues to advocate for the forging industry and address its critical challenges.

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