Rane (Madras) Ltd, part of the Rane Group, is a key manufacturer of steering and suspension systems for the transportation industry. Established as a public limited company in 2004, it became a wholly-owned subsidiary of Rane Holdings Ltd in 2007. The company produces steering gears, tie rod assemblies, and gear shift ball joints, with manufacturing facilities spread across India in Chennai, Kancheepuram, Mysore, Pondicherry, and Pantnagar. These facilities cater to various segments, including tractors, commercial vehicles, and passenger cars, with the Pantnagar plant exclusively supplying Tata Motors.
The company expanded its international footprint by acquiring Precision Die Casting Inc. in the USA in 2015-16, enhancing its capabilities in high-pressure aluminum die casting. In 2021-22, it further strengthened its domestic operations by acquiring the Steering Components Business from Yagachi Technologies, with a new plant operational in 2023. Rane (Madras) Ltd's strategic investments and expansions position it as a significant player in the automotive components sector.
