Rane (Madras) Ltd is a part of the

Rane group The Rane Group is an Indian industrial conglomerate, headquartered in Chennai. Beginning as a dealer for automobile, trucks and auto-parts in Madras in the 1920s, Rane has grown to encompass ten different companies as of 2013. Scope Accordi ...

of companies involved in the manufacture and distribution of

steering Steering is a system of components, linkages, and other parts that allows a driver to control the direction of the vehicle. Introduction The most conventional steering arrangement allows a driver to turn the front wheels of a vehicle using ...

and

suspension Suspension or suspended may refer to: Science and engineering * Suspension (topology), in mathematics * Suspension (dynamical systems), in mathematics * Suspension of a ring, in mathematics * Suspension (chemistry), small solid particles suspende ...

systems. The main components manufactured by the company include Manual Steering Gear Products (SGP) and Suspension & Steering Linkage Products (SSLP). The other products include tie rod assemblies, drag link assemblies, center link assemblies and gear shift ball joints. Automobile companies that use its products include Ashok Leyland,

Volvo The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distributio ...

, M&M, Tafe, Tata among many others. Tata motors remains its major customer and is the primary parts manufacturer for Tata's Nano. The company has also set up a dedicated plant for Tata Nano in Sanand, Gujarat. The company was forced to change its manufacturing facility from West Bengal to Gujarat after Tata moved out.

History

Rane group of companies was founded by Shri T. R. Ganapathy Iyer in the year 1929 and the group was originally named as Rane (Madras) Ltd. It started off as a distributor of automobiles and parts. After his death, the business was taken over by his son-in-law Lakshmana Iyer Lakshminarayan, popularly known as LLN, among friends and business circles. Under the leadership of LLN, the company was shaped into an auto-component business house. LLN remained as the founder chairman of the group for over three decades. During the early periods. Rane Madras Ltd was engaged in trading only. Later in the year 1960, they completely dropped trading and started manufacturing and it all started with the manufacture of Tie Rod ends at their plant in Velachery, Chennai. Later; as the

automobile industry The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industries by revenue (from 16 % such ...

flourished, the business spread to the manufacturing of other suspension and steering systems. As a major turn of events, in 2005 the company was de-merged from the group and the group holding company called Rane Holding Ltd (RHL) and several other subsidiary companies were formed. It was during this period that Rane (Madras) Ltd emerged as a

public limited company A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be fre ...

. Later, Rane Holding Ltd made additional investment in the company, and thus Rane (Madras) Ltd became a wholly owned subsidiary of the Rane Holdings Ltd. It remained a major manufacturer and supplier of major

OEM An original equipment manufacturer (OEM) is generally perceived as a company that produces non-aftermarket parts and equipment that may be marketed by another manufacturer. It is a common industry term recognized and used by many professional or ...

s in India and abroad. Over the years Rane (Madras) Ltd has grown to be the largest in the group, both in terms of size and turnover, with five manufacturing plants in

Chennai Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...

and

Kancheepuram Kanchipuram ('; ) also known as ''Conjeevaram,'' is a city in the Indian state of Tamil Nadu in the Tondaimandalam region, from Chennaithe capital of Tamil Nadu. Known as the ''City of Thousand Temples'', Kanchipuram is known for its temple ...

in Tamil Nadu,

Mysore Mysore (), officially Mysuru (), is a city in the southern part of the state of Karnataka, India. Mysore city is geographically located between 12° 18′ 26″ north latitude and 76° 38′ 59″ east longitude. It is located at an altitude of ...

in Karnataka, Thirubuvanai in Pondicherry and

Pantnagar Pantnagar is a town and a university campus in Udham Singh Nagar district, Uttarakhand. Nainital, Kashipur, Rudrapur and Kiccha, Haldwani are the major cities surrounding Pantnagar. The town is home to the first agricultural university of I ...

in Uttarakhand. Each of the company's production plants addresses a specific industry segment. The production facilities in Mysore cater to the

tractor A tractor is an engineering vehicle specifically designed to deliver a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery such as that used in agriculture, mining or construction. Most commo ...

and

commercial vehicle A commercial vehicle is any type of motor vehicle used for transporting goods or paying passengers. The United States defines a "commercial motor vehicle" as any self-propelled or towed vehicle used on a public highway in interstate commerce to t ...

segment; the Pondicherry plant to the passenger car segment; the plant in Chennai caters to the light commercial vehicle, heavy commercial vehicle and

utility vehicle A utility vehicle is a vehicle, generally motorized, that is designed to carry out a specific task with more efficacy than a passenger vehicle. It sometimes refers to a small truck with low sides. Types of utility vehicles Military light u ...

segment; the Kancheepuram plant to the export market and the manufacturing facility in Pantnagar (Uttarakhand) supplies gears exclusively to Tata Motors Ltd. The company has also started setting up its plant in Gujarat In 2013 this group merged with GTC inc. (Gaurav Jagannath Rane) Director & S.E.O.

References

External links

Official website
{{Authority control Auto parts suppliers of India Manufacturing companies based in Chennai Indian companies established in 1929 Manufacturing companies established in 1929 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange