In today’s manufacturing scenario, where shortage of raw materials, power & increasing pressure to reduce costs are the order of the day, ‘Cold Forging’ is possibly the most suitable solution for these pressing issues. Cold forging technology utilizes innovative design coupled with process sequencing to not only reduce costs by utilizing lesser raw material but also imparts greater strength to the component, in addition to increased productivity. The primary advantage is the material savings achieved through precision shapes that require little finishing. Completely contained impressions and extrusion-type metal flow yield draftless, close-tolerance components. Production rates are very high with exceptional die life. However, Tool design and manufacture are very critical for reliable production of parts.