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Rane TRW Steering Systems, a 50:50 joint venture between Rane Group and TRW Automotive, has expanded into the manufacture of airbags.
The company’s plant at Singaperumal Koil near Chennai currently manufactures seat belt systems.
“The investment is a proactive step to prepare for the trend of increased vehicle safety,” said a press release.
This joint venture will make 3.2 lakh units a year initially and will ramp up to 8.1 lakh units in three-five years. The total investment in the next five years is Rs 35 crore to manufacture both airbags and seat belts.
Frank Mueller, Vice-President & GM Global Occupant Safety Systems, TRW Automotive GmbH: “India is a very important market for TRW and we look forward to our continued partnership with Rane to bring the best of our technologies to help protect drivers and occupants.”
The manufacturing facility will utilise driver and passenger airbag technology developed by TRW in Germany. The airbags will be assembled out of the Chennai plant; the intention is to leverage the Rane Group supplier network in a phased manner, said a release.
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