Rane TRW Steering Systems Private limited - Occupant Safety Division, a 50:50 joint venture between Rane group and ZF TRW, inaugurated its state-of-the-art Airbag manufacturing plant located adjacent to its Seatbelt plant in Singaperumal Koil, Chennai.
The plant was formally inaugurated today by Mr. Nigel Harris, Managing Director and President, Ford India.
The two facilities are located in the same campus, one dedicated to Seatbelts which is operational since 1997 and the other for Airbags which was launched today. Both the plants have around 450 employees and are located a few kilometers from the Ford plant.
In India, Rane TRW's Occupant Safety Division, which manufactures Seatbelts and Airbags, caters to key customers including, Ford India, Renault Nissan, Mahindra & Mahindra, Maruti Suzuki India, Tata Motors, Ashok Leyland, Daimler India Commercial Vehicles.
The company exports nearly 15 percent of its Seatbelts volumes to Brazil, Colombia, Vietnam, Thailand and so on.
Commenting on the inauguration, Harish Lakshman, the Managing Director of Rane TRW, said, "With the Government of India promoting Occupant Safety/Road Safety to significantly reduce fatalities, we expect the auto Industry in the country to introduce passive safety technologies to meet these regulations.
"The commissioning of this new facility demonstrates the company's commitment to support technology evolution in the passenger vehicles. We anticipate exponential growth in the application of frontal airbags over the next decade and Rane TRW will be well positioned to support both Global OEMs and Domestic OEMs located in India with their growth aspirations to bring in these technologies to their vehicles."
The Airbag plant, which covers an area of 1800 square meters, will assemble driver and passenger Airbag modules. The plant will have an installed capacity to produce around 500,000 Airbags initially with sufficient space to expand as the market grows in the future.
Rane TRW is currently working to localize the Airbag components to improve its competitiveness in a highly cost conscious market like India.