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

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

IPad Air Giveaway 2014 is Online
IPad Air Giveaway 2014 is Online
Our sister site I4U News is giving away a brand new iPad Air or if you can wait an iPad Air 2. This is an $499 value.
 
 
Your Parent Or Kid Moved In: Are You Covered?
A record 57 million Americans now live in multigenerational family households — double the number in 1980, according to a new Pew Research Center study. And I bet many of them have the wrong homeowner’s or renters...
 
 
Pandora Looks to Challenge Terrestrial Radio's Dominance in Cars
Pandora Media is one of the largest Internet radio providers in the U.S. with more than 75 million active users. While the company’s active user count has increased at a robust pace historically, it is likely to slow...
 
 
Are General Manager Salaries About To Skyrocket? Will There Be A Front Office Salary Cap?
Are General Manager Salaries About To Skyrocket? Will There Be A Front Office Salary Cap?
It’s January 2026. New York Yankees owner Hal Steinbrenner gets out of his driverless car and triumphantly marches before the gathered press to introduce his prized new free agent. It’s a record-breaking contract—over...
 
 
 

Latest from the Network

Pakistan facing over 6,000 MW power shortfall
Islamabad, Sep 20 (IANS) Pakistan is facing an electricity shortfall of over 6,000 MW, with many parts of Punjab province witnessing outages of 20 hours a day. Un-announced load shedding in small and rural cities of...
Read more on Business Balla
 
New Zealand opposition leader concedes defeat in elections
Wellington, Sep 20 (IANS) David Cunliffe, leader of New Zealand's main opposition Labour Party Saturday, conceded defeat in the general election. Cunliffe said in a televised address to party faithful that he had...
Read more on Politics Balla
 
Xi's Asia trip new chapter for China's diplomacy: Minister
Beijing, Sep 20 (IANS) Chinese President Xi Jinping's state visits to India, Sri Lanka, the Maldives and Tajikistan opened a new chapter for China's neighbourhood diplomacy, Chinese Foreign Minister Wang Yi said at...
Read more on Politics Balla
 
Asian Games: Indian hoopsters thrash Palestine
Incheon, Sep 20 (IANS) Indian men's basketball team registered a facile 89-49 win over Palestine in their opening Group B match of the 17th Asian Games at the Hwaseong Sports Complex Gymnasium here Saturday. In a...
Read more on Sport Balla
 
Men spikers win, women lose at Asiad
Incheon, Sep 20 (IANS) The Indian men's volleyball team got off to a brilliant start by notching up a 3-1 win over Hong Kong in their opening Group C game at the Asian Games here Saturday. Playing at the Ansan...
Read more on Sport Balla
 
West Indies top ICC Women's Championship table
Dubai, Sep 20 (IANS) The West Indies moved to the top of the ICC Women's Championship table after beating New Zealand 4-0 in the just-concluded bilateral One-Day International (ODI) series with left-arm spinner Anisa...
Read more on Sport Balla
 
Pakistani plane carrying 47 people grounded after bird hit
Islamabad, Sep 20 (IANS) A Lahore-bound Pakistani flight carrying 47 passengers had to be grounded here Saturday when it was hit by a bird shortly after taking off. The incident occurred with Pakistan International...
Read more on Politics Balla
 
BJP leaders discuss Tamil issues with Rajapaksa in Colombo
Colombo, Sep 20 (IANS) A wide range of issues, particularly relating to ethnic Tamils of Sri Lanka, came up for discussion during a meeting of senior BJP leaders Muralidhar Rao and Vijay Jolly with Sri Lankan President...
Read more on Politics Balla
 
Pakistan to get 160 IED-resistant vehicles from US
Islamabad, Sep 20 (IANS) The US government will give 160 Mine Resistant Ambush Protected (MRAP) vehicles, and spare and repair parts worth 198 million dollars to Pakistan, a media report said Saturday. The US State...
Read more on Politics Balla
 
Indian track cyclists fail to qualify (Roundup)
Incheon, Sep 20 (IANS) Indian track cyclists - both men's and women's teams - failed to qualify for their sprint finals at the Incheon International Velodrome in the 17th Asian Games here Saturday. In the men's...
Read more on Sport Balla