Rane and ZF Strengthen Ties with Innovative Steering Solutions
CHENNAI: In a significant move to bolster their partnership, Rane and ZF Group have announced the expansion of their joint venture, ZF Rane Automotive India. This collaboration is set to introduce cutting-edge rack drive electric power steering system technologies to the Indian market, marking a new era in automotive innovation.
Furthermore, a landmark licence agreement has been signed, granting Rane Steering Systems exclusive rights to utilize column drive electric power steering system technology in India. This strategic alliance underscores a shared vision to revolutionize steering technologies and cater to the evolving demands of the Indian automotive sector.
Commitment to Innovation and Excellence
Harish Lakshman, chairman of Rane Group, emphasized the importance of this enhanced collaboration, stating, "This initiative positions us as a comprehensive steering systems supplier, ready to deliver next-generation technologies to our customers." Theodor Kaster, head of the global steering product line at ZF Group, echoed this sentiment, highlighting the combined engineering prowess and commitment to offering state-of-the-art solutions.
As the automotive industry continues to evolve, the partnership between Rane and ZF stands as a testament to their dedication to innovation, excellence, and customer satisfaction. Stay informed with the latest developments in business and technology, and explore the future of automotive steering systems with Rane and ZF.
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