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A Special Series on Future of Mobility | Manufacturing | Talent | Market with with with with Dr PROPEL ISSUE 25 | APRIL 2021 2 th A Special Series on Future of Mobility | Manufacturing | Talent | Market with with with with Dr. V. Sumantran Vijay Kalra Anita Ramachandran Girish Wagh Celeris Technologies Mahindra & Mahindra Cerebrus Consultants Tata Motors APRIL 2021 | PROPEL 1 The World of Rane Rane Holdings Limited (RHL) Rane Brake Lining Limited (RBL) Rane Engine Valve Limited (REVL) Rane (Madras) Limited (RML) - Steering & Linkages Division (SLD) - Light Metal Casting India (LMCI) Please send in your feedback and queries to - Rane Auto Parts (RAP) [email protected] Copyright 2021 - Rane Light Metal Castings Inc (LMCA) Rane Holdings Limited All Rights Reserved Rane NSK Steering Systems Private Limited (RNSS) Content Partner Growth Mechanics Infomedia, which also Rane TRW Steering Sysstems Private Limited (RTSS) publishes The Smart CEO magazine -Occupant Safety Division (OSD) - Steering Gear Division (SGD) Rane Holdings America Inc. (RHAI) Rane Holdings Europe GmbH (RHEG) Rane t4u Private Limited 2 PROPEL | APRIL 2021 EDITOR’S NOTE INSIDE THIS EDITION Welcome to Rane Propel’s milestone 25th edition. We look back at the journey so far with a certain pride and also with a little apprehension. We have to continue to meet the expectations and deliver issues that are informative and maintain the standards set so far. We expect the journey forward to be exciting and challenging, and with your continued support, hope to deliver on our promise. In the current issue, we share a snapshot of how Propel was started and display the covers of the 24 issues and some views and reviews in our cover story. As we plan our future issues of Propel, we also bring you a Future of special series covering the changes happening in Mobility, Manufacturing, Talent and Market. We feature excerpts from discussions between Rane’s senior management and industry experts on these topics. Rane is known for its inclusive approach to work. As part of that, we celebrated Women’s Day grandly honouring our women employees. Don’t miss the photographs from this event. In the photo story, we take you on a tour through our seat belt factory in Singaperumal Koil, Chennai. We hope you enjoy the issue as much as we did putting it together. APRIL 2021 | PROPEL 3 TABLE OF CONTENTS 5 Blast from the Past Highlights from past editions of Propel 8 Future of Mobility Rajesh Raghavan and Dr. V. Sumantran 11 Future of Manufacturing G. Parthipan and Vijay Kalra 14 Future of Talent R. Venkatanarayanan and Anita Ramachandran 17Future of Market S. Parthasarathy and Girish Wagh 20Photostory Seatbelt Manufacturing 22News@Rane Women’s Day Celebrations 4 PROPEL | APRIL 2021 BLAST FROM THE PAST Celebrating Rane Propel’s 2 th I am delighted that we are publishing our 25th edition of our Group’s Corporate Magazine - PROPEL. In early 2012, I vividly remember the discussions with Mr. L. Lakshman, our Chairman Emeritus, and Mr L. Ganesh, our Chairman, on the need for creating a Group Magazine that will not only help connect with all our employees but also with all our important stakeholders. It gives us an opportunity to share our stories, celebrate our successes, showcase our efforts at continuous improvement and our capabilities. It continues to act as a platform to exchange perspectives from our customers, board members and suppliers. It continues to serve as a medium to share all our social responsibilities beyond business – especially Rane Polytechnic Technical Campus and Rane Vidyalaya. We were always inspired by Sanmar Group’s corporate publication MATRIX and it motivated us to initiate PROPEL. Nine years and 25 issues later, it is gratifying to look back to August 2012 when we launched our first Issue. Over the years, the magazine has undergone changes to the layout, format, topics and even the periodicity. The magazine has won the ABCI (Association of Business Communicators of India) award, and continues to be published with equal fervour and conviction. We take this opportunity to thank all the esteemed contributors who have been featured in various editions of Propel. Their perspectives benefited all our readers. I hope you enjoy reading this Issue # 25 and we look forward to many more years of Propel. Harish Lakshman Vice Chairman – Rane Group APRIL 2021 | PROPEL 5 BLAST FROM THE PAST A RANE GROUP PUBLICATION A RANE GROUP PUBLICATION A RANE GROUP PUBLICATION A RANE GROUP PUBLICATION PROPEL ISSUE 9 | JULY 2016 PROPEL ISSUE 11 | AUGUST 2017 SUPPLY CHAIN PROCUREMENT INVENTORY COST PEOPLE TQM VISIBILITY EFFICIENCY MANAGEMENT OPTIMISATION DEVELOPMENT AT THE CUTTING EDGE OF TECHNOLOGY From light weighting and safety features to new emission and fuel efficiency norms, there is tremendous emphasis on technology and innovation at Rane Pursuing Excellence in Group. SUPPLY CHAIN MANAGEMENT A RANE GROUP PUBLICATION A RANE GROUP PUBLICATION AUGUST 2015 | PROPEL • 1 JANUARY 2016 | PROPEL • 1 JULY 2016 | PROPEL • 1 JULY 2017 | PROPEL • 1 FEBRUARY 2015 | PROPEL • 1 PROPEL PROPEL PROPEL ISSUE 12 | JANUARY 2018 PROPEL ISSUE 15 | OCTOBER 2018 ISSUE 14 | JULY 2018 ISSUE 10 | JAN 2017 ISSUE 13 | APRIL 2018 Rane Group @ Auto Expo 2018 The Rane Group was represented by key senior leaders and RANE FOUNDATION Group companies at & its action-oriented the Auto Expo 2018 from 8–11 February. approach to SERVING SOCIETY Shri L L Narayan was a pioneer in transitioning the Revisiting the History group from automobile distribution to manufacturing of Rane Group of technology-led products. We celebrated his centenary A RANE GROUP PUBLICATION A RANE GROUP PUBLICATION A RANE GROUP PUBLICATION JAN 2017 | PROPEL • 1 recently on Oct 6, 2017. A RANE GROUP PUBLICATION PROPEL PROPEL ISSUE 16 | JANUARY 2019 PROPEL PROPEL PROPEL ISSUE 20 | JANUARY 2020 ISSUE 17 | APRIL 2019 ISSUE 19 | OCTOBER 2019 ISSUE 18 | JULY 2019 Rane Group crosses the Rs. 5000 crore revenue milestone New plant in FY 2019. inaugurated for Celebrating Capacity expansion in line with our Business Development Occupant Safety Excellence at Products Renewed Focus on Costs & Rane NSK maithri wins the Customer Relationships Prestigious 2019 A slowdown is part and parcel of any Deming economic cycle. At Rane Group, we're working towards a structured game Deep focus on customer success Relentless focus on TQM Prize 2018 plan to tackle this phase. A RANE GROUP PUBLICATION PROPEL ISSUE 23 | OCTOBER 2020 ISSUE 24 | JANUARY 2021 ISSUE 21 & 22 | APRIL & JULY 2020 NEW NORMAL Restart SOME CHALLENGES, SOME OPPORTUNITIES After Lockdown HEADLINE Focus on Employee Health and Safety The Defining Moments in Rane's Journey OCTOBER 2020 | PROPEL • 1 6 PROPEL | APRIL 2021 2 th Views and Reviews Wonderful platform for the leaders of I have been reading Propel for quite a Rane group to share their thoughts, few years now and I always find it to eminent leaders from the Auto Indus- be a most informative publication. It try to share their insights, technical helps me keep in touch with the latest experts on technology progress developments at Rane and thereby Hearty congratulations to Rane Propel and employees on their ideas and also gauge what is happening in the on the completion of its 25th issue. It achievements. I got associated with automotive industry. The quality of the is no mean achievement to create a this magazine in August 2017 when layout, the pictures and the write-ups magazine of such quality issue after I shared my thoughts and since then are exemplary. I wish the publication issue, providing insights on the indus- I have been a regular reader. Over- and the Rane Group the very best. try, economy and the company. I also all, the Propel is an initiative that is V Sriram, had the privilege and pleasure to have immensely beneficial not only to the Author – The Rane Story shared my views in the magazine as a Rane group of employees but for the board member and been a part of the auto industry as a whole I would say. journey. I wish the magazine all the Best wishes to Rane team for propel- Propel has been a well-recognised very best for many more such high ling to greater heights in the years to part of the Rane Group’s Corporate quality issues. come with Propel. Communication practices. It sure S. Sandilya, does connect us with the world of Independent Director, RBL R. Sivanesan, Rane - its views, goals and achieve- – President ments, thus providing a platform for (Quality, Service & Parts), sharing views news and experiences. Ashok Leyland "Being a relatively recent entrant (2.5 The “family – feel” emotion that every years) to Rane group, I have found issue gives is unique and satisfying. reading the old issues of Propel to As a spouse, I feel so networked with Kudos to the Propel core team for be very enlightening. In addition to my husband’s company and happy their zest and energy in bringing out learning about the long history of to read about the achievements and the best from across our Rane Group. the group, I have seen remarkable accolades. The quarterly journal brings to life the consistency in these issues on opera- Amidst the cataclysmic challenges happenings at Rane and showcases tional excellence, customer focus and and the new normal changes – it’s the same to the entire Rane family. employee involvement. I wish many overwhelming to await the silver more issues of Propel to come." Most of the articles - with internal edition of Propel – kudos to the entire Murali Rajagopalan authors - are a confluence of expe- team who meticulously plan and bring – President, REVL rienced leaders and creative young- out the issues and stay connected. sters - offering a great platform for Congratulations and wishes for the networking and continuous learning. Rane Group to Propel forward, steer It's really great to see that our Rane Wishing the editorial team more ahead and expand horizons! Propel has been part and parcel of success in the days to come.
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