Rane Madras Limited to supply steering gears to Nexteer Automotive Poland Sp.z  [ India ]

Rane Madras Limited announced that it has secured a major contract for the manufacture and supply of steering gears for passenger Vehicles from Nexteer Automotive Poland Sp.z. The contract has an estimated total value of around INR 8.5 billion over six years. Production under the contract will start in the first half of 2018. (From a press release on July 29, 2016)
<Jul 29, 2016>