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, both domestic and global) by improving the business environment for its members and contribute in increasing their competitiveness through mutual co-operation and understanding of all parties concerned and constant updating of information and technology.

The AIFI is actively involved in trade promotion, technology upgradation, collection and dissemination of information.Also, in keeping with its main aim of improving upon its service to its members, it has recently shifted its office from Mumbai to Pune; the hub of Auto Industry in India.