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Rane TRW Steering sets up airbag plant

Industry Transport equipment

Rane TRW Steering Systems, a 50:50 JV between auto parts major Rane group and ZF TRW, a global steering and other auto parts major, has set up an assembly plant for airbags (used in cars). The plant has an initial capacity of five lakh units per annum and would be expanded to one million by the end of this fiscal.

Extracted from FE, Aug 25,’15

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