1 Updates

Rane TRW Steering to start making airbags

Dec 13 2012, 2:28am CST | by

Chennai, Dec 12 (IANS) Automobile seat belt-maker and Rs.672-crore turnover venture Rane TRW Steering Systems Ltd (RTSSL) will get into manufacturing of airbags at its plant here, the company said Wednesday.

Chennai, Dec 12 — Automobile seat belt-maker and Rs.672-crore turnover venture Rane TRW Steering Systems Ltd (RTSSL) will get into manufacturing of airbags at its plant here, the company said...

Filed under: news

Full Story below YouTube Videos

 
 

 

1 year ago

Rane TRW Steering to start making airbags

Dec 13 2012, 2:28am CST | by

Chennai, Dec 12 (IANS) Automobile seat belt-maker and Rs.672-crore turnover venture Rane TRW Steering Systems Ltd (RTSSL) will get into manufacturing of airbags at its plant here, the company said Wednesday.

Chennai, Dec 12 — Automobile seat belt-maker and Rs.672-crore turnover venture Rane TRW Steering Systems Ltd (RTSSL) will get into manufacturing of airbags at its plant here, the company said Wednesday.

A statement issued by Rane TRW Steering, an equal joint venture between the city-based Rane Group and TRW Automotive of the US, said the firm would expand by manufacturing airbags.

The company said it would initially make 320,000 units per annum and in three-five years the production would be ramped up to 810,000 units.

"The total investment is around Rs.35 crore in the next five years to manufacture both airbags and seat belts," the statement said.

The manufacturing facility will utilise driver and passenger airbag technology developed by TRW in Germany. The airbags will be assembled out of the company's Chennai plant and the intention is to leverage the Rane Group supplier network in a phased manner.

IANS

 

Don't miss ...

 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

The New Role Of Leaders
When Alfred Sloan created the modern corporation at General Motors, he based it on the military.  The company was split into divisions, each with its own leadership.  Information flowed up, orders went down and your...
 
 
2014 Lexus GX 460 Test Drive And Review: The Refined Off-Roader
2014 Lexus GX 460 My absolute favorite vehicle segment is the mid-sized SUV. I like mine with a robust body structure (usually body-on-frame), good ground clearance and straightforward technology for all terrains....
 
 
Asia's Week: Japan's Rebound Gets More Taxing
Another calamitous loss of human life gripped Asia’s attention this week, relegating economic matters to secondary notice, but they were also of concern. China’s growth pauses never cease to furrow brows but it is Japan...
 
 
China's Round Two on Electric Cars: Will It Work?
Everyone loves China’s five-year plans. They tell you everything you need to know about the future direction of the Chinese economy: intentions and priorities, along with timetables and targets. The only thing missing...
 
 
 

Latest from the Network

How Box Office Prices For Bruins Playoff Tickets Are Killing The Secondary Ticket Market
The Bruins have a long history of success with six Stanley Cups championships, most recently in 2010-11.  Heading into the 2014 NHL Playoffs, the Boston Bruins are favored by Las Vegas to win their seventh.  While that’...
Read more on Business Balla
 
Khloe Kardashian is mortified by old photographs
Khloe Kardashian is mortified when she looks at old photos of herself. The reality star might have a successful fashion range with her sisters Kim and Kourtney to her name, with the new Spring/Summer Kardashian...
Read more on Celebrity Balla
 
Mel C is planning an autobiography
Mel C wants to write an autobiography when she's 80. The former Spice Girl plans to reveal the band's secrets in a tell-all book, but says she wants to wait until she's an "old woman" so she doesn't get into trouble...
Read more on Celebrity Balla
 
Pep Talk from Olympian in Episode 9 "Mission Milestone" on Mission Makeover on Lifetime®
Pompano Beach, FL, April 19, 2014 --(PR.com)-- All journeys begin with a single step. This week, the Mission Makeover ladies are taking on their biggest challenge yet -- a 5K run. Make sure to tune in on Monday, April...
Read more on TV Balla
 
Enterprises TV Airs in Phoenix, Arizona in April
Coral Springs, FL, April 19, 2014 --(PR.com)-- The Enterprises TV program will air in the &#8220;Valley of the Sun&#8221; during the month of April. Phoenix, Arizona is America&#8217;s sixth-largest city, and one...
Read more on TV Balla
 
Pizza Maker – Cooking Games Made by Wizards Time LLC Now for iOS
Nis, Serbia and Montenegro, April 19, 2014 --(PR.com)-- Wizards Time LLC announced that Pizza Maker &#8211; Cooking Games, cooking game for kids, is now ready for free download on iTunes. The game which is in the...
Read more on Business Balla
 
Lucintel Forecasts North America as Leading Aerospace APU Market During 2013-2020
Irving, TX, April 19, 2014 --(PR.com)-- The global aerospace auxiliary power unit (APU)market is projected to witness moderate growth and reach $3.27 billion by 2020. The APU is crucial for aircraft as it supplies...
Read more on Business Balla
 
Printing Ink Market in China to 2018 - Market Size, Trends, and Forecasts
Mumbai, India, April 19, 2014 --(PR.com)-- This industry report offers the most up-to-date market data on the actual market situation, trends and future outlook for printing ink in China. The research includes...
Read more on Business Balla
 
FEA Training Consultants Inc. Hosts Hands-On Training Session on SolidWorks Electrical 2014
Mississauga, Canada, April 19, 2014 --(PR.com)-- FEA Training Consultants Inc., a licensed engineering company and authorized SolidWorks value added reseller specializing in SolidWorks 3D CAD design, SolidWorks Finite...
Read more on Business Balla
 
myGeoTracking Mobile Workforce Management Service, Introduces Automated Near “Zero-Touch” Time Clocking Features
Palo Alto, CA, April 19, 2014 --(PR.com)-- Abaqus, Inc., a provider of the first-of-a-kind myGeoTracking cloud-hosted location and messaging platform, has combined geo-zones, rules, messaging and hybrid GPS/Wi-Fi...
Read more on Business Balla
 
 
Auto Balla Sexy Balla Sport Balla TV Balla Politics Balla Movie Balla Apple Balla Business Balla Ad Balla Celebrity Balla