Rane TRW opens Rs 400-million facility near Trichy

Rane TRW Steering Systems Pvt Ltd has inaugurated a new facility for occupant safety systems at Tiruchirapalli in Tamil Nadu.

The company is a joint venture between Rane Group and ZF Group. Its new facility is located on the Trichy-Chennai national highway, 40 km from Trichy and 300 km from Chennai.

According to the company, it would add capacity to localise laser cutting of fabrics and airbag cushion manufacturing for its own use and also exports.

Harish Lakshman, Vice Chairman, Rane Group & Managing Director, Rane TRW Steering Systems Pvt Ltd said that the facility would address the increasing demand for occupant safety systems.

Rane TRW has invested around Rs 400 million in the new facility. Its initial capacity would be around 500,000 airbag modules per annum and one million seat belt units per annum.

This will be increased to 1 million airbag modules and 2 million units of seatbelt units in the next two years, with an additional investment of around Rs 250 to 300 million.

Image credit : www.magzter.com

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