The Association of Indian Forging Industry is comprised of about 60 forging manufacturers in India. About 75 percent of the forgings produced in India are from members of the association. The Association was formed in 1965 under the name and style of Association of Indian Drop Forging & Stamping Industries (AIDFASI) now known as Association of Indian Forging Industry - AIFI. The role of AIFI is to promote and develop the Indian Forging Industry so as to meet the demands and expectations of forging customers and end-users, domestically and globally, by encouraging understanding between stake holders in the forging industry and by disseminating technology.

The Association engages itself in activities such as regular interaction with suppliers of raw materials, user industries and studies on Forging Industries covering among others, technologies, capacity, and so on. Collection and dissemination of data on Forging and allied industries are also given due importance.

AIFI organizes technical and business seminars both at Regional and National levels. The Association also maintains close contact with International organizations of Forging Industry and interacts with them regularly. AIFI had the distinction of playing host to the 13th International Forging Congress in the year 1990. It provided the Indian Forging Industry an opportunity to gain broad understanding about the contemporary forging technology and the futuristic development. Today Indian forging industry not only meets domestic of forging almost fully but also is an important exporter.