Mumbai, Feb. 12 -- Rane TRW Steering Systems, a joint venture of Rane Group with the German ZF Group, opens new facility for occupant safety products at Tiruchirapalli (Trichy), Tamil Nadu.
The new facility will address the expected market demand and add capacity to localise the laser cutting of fabrics and airbag cushion manufacturing for captive and exports.
The company has invested around Rs. 400 million in the new facility. Initial capacity will be around 0.50 million modules per annum of Airbags and one million units per annum of Seat Belt Assemblies. Further, this would be ramped up to one million modules per annum of Airbags and two million units of Seatbelt assemblies in the next two years, with an additional investment of around ...