1,444.80 -19.80(-1.35%)
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Founded in 1929, Rane Holdings Limited, formerly known as Rane (Madras) Limited, is engaged in the manufacturing and marketing of automotive components for the transportation industry. The name of the Company was changed from Rane (Madras) Limited to Rane Holdings Limited in March, 2005.The Company is a preferred supplier to major OEMs in India and abroad. It manufacture Steering and Suspension systems, Friction materials, Valve train components, Occupant safety systems and Light metal casting products. The products serve a variety of industry segments including Passenger Vehicles, Commercial Vehicles, Farm Tractors, Two-wheelers, Railways and Stationary Engines. With modern manufacturing facilities across 25 locations in India and one in the USA, Rane Group's products are sold across 30+ countries.The company has two main product lines - Tie Rod Ends (TREs) and Steering Gears (SGs) used in steering systems of four-wheelers. Production of TREs, in Madras, is in technical collaboration with TRW Ehrenreich, Germany. The company distributes auto ancillaries of international giants like General Motors, Reynold and American Autos. RML floated a wholly-owned subsidiary, Rane Power Steering (RPSL), in technical collaboration with TRW, US, to manufacture power steering systems ...