Rane NSK sets up new steering plant in Haryana
Chennai: In order to meet its customer's demands in northern India, Rane NSK Steering Systems Limited Thursday announced the opening of a new steering systems plant at Bawal in Haryana.
The Rs.377-million-plant will have an annual capacity of 200,000 electric power steering systems.
Rane Group chairman L. Ganesh said: "We are expecting sales revenue of over Rs.2 billion 2010-11."
Completed in just eight months, 3,600 square metre plant offers a vast production area unobstructed by support pillars.
Electricity needs have been reduced by maximising the use of natural light and utilising high efficiency air-conditioning throughout the building.
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