Inauguration of the state-of-the-art Airbag plant, Rane TRW

CHENNAI, August 24th, 2015 – Rane TRW Steering Systems Private limited - Occupant Safety Division, a 50:50 joint venture between Rane group and ZF TRW, inaugurated its state-of-the-art Airbag manufacturing plant located adjacent to its Seatbelt plant in Singaperumal Koil, Chennai. The plant was formally inaugurated today by Mr. Nigel Harris, Managing Director and President, Ford .

The two facilities are located in the same campus, one dedicated to Seatbelts which is operational since 1997 and the other for Airbags which was launched today. Both the plants have around 450 employees and are located a few kilometers from the Ford plant.

In India, Rane TRW’s Occupant Safety Division, which manufactures Seatbelts and Airbags, caters to key customers including, , Renault Nissan, Mahindra & Mahindra, India, , , Daimler India Commercial Vehicles. The company exports nearly 15 percent of its Seatbelts volumes to Brazil, Colombia, Vietnam, Thailand and so on.

Commenting on the inauguration, Mr. Harish Lakshman, Managing Director, Rane TRW, said, “With the Government of India promoting Occupant Safety/Road Safety to significantly reduce fatalities, we expect the auto Industry in the country to introduce passive safety technologies to meet these regulations. The commissioning of this new facility demonstrates the company’s commitment to support technology evolution in the passenger vehicles. We anticipate exponential growth in the application of frontal airbags over the next decade and Rane TRW will be well positioned to support both Global OEMs and Domestic OEMs located in India with their growth aspirations to bring in these technologies to their vehicles.”

The Airbag plant, which covers an area of 1800 square meters, will assemble driver and passenger Airbag modules. The plant will have an installed capacity to produce around 500,000 Airbags initially with sufficient space to expand as the market grows in the future.

Rane TRW is currently working to localize the Airbag components to improve its competitiveness in a highly cost conscious market like India. The Times of India

Date: 25.08.2015 Page No: 16 Edition: Chennai

Deccan Chronicle

Date: 25.08.2015 Page No: 04 Edition: Chennai

The Hindu Business Line

Date: 25.08.2015 Page No: 05 Edition: National

Financial Chronicle

Date: 25.08.2015 Page No: 06 Edition: National

The Financial Express

Date: 25.08.2015 Page No: 05 Edition: National

The Hindu

Date: 26.08.2015 Page No: 18 Edition: Chennai

Online Coverages on RTSS (OSD) Airbag Plant inauguration – 24 August 2015

1. Rane joint venture's airbag facility on stream The Hindu - 10 hours ago Rane TRW Steering Systems (RTSS), an equal joint venture between Rane Group and ZF TRW, a global leader in automotive safety products, has commissioned a new facility to manufacture airbags for passenger vehicles. The Rs.18 crore unit has come up ... http://www.thehindu.com/business/Industry/rane-joint-ventures-airbag-facility-on-stream/article7579490.ece

2. Rane TRW Steering sets up airbag plant Financial Express - Aug 24, 2015 Rane TRW Steering Systems, a 50:50 JV between auto parts major Rane group and ZF TRW, a global steering and other auto parts major, has set up an assembly plant for airbags. The plant has an initial capacity of five lakh units per annum and would be ... http://www.financialexpress.com/article/industry/companies/rane-trw-steering-sets-up-airbag-plant/125047/

3. Rane TRW opens new airbag plant, to supply to Renault-Nissan in India Autocar Professional - 22 hours ago The Occupant Safety Division of Rane TRW Steering Systems, the 50:50 joint venture between the Rane Group and ZF TRW, has opened an airbag manufacturing plant located adjacent to its seatbelt plant near Chennai. The seatbelt plant began operations ... http://www.autocarpro.in/news-national/rane-trw-airbag-plant-supply-renault-nissan-india-9131

4. Rane TRW Steering Systems opens airbag manufacturing plant near Chennai Times of India - Aug 24, 2015 CHENNAI: Rane TRW Steering Systems Private limited - Occupant Safety Division, a 50:50 joint venture between Rane group and ZF TRW, on Monday inaugurated its airbag manufacturing plant located adjacent to its seatbelt plant at Singaperumal Koil in ... http://timesofindia.indiatimes.com/business/india-business/Rane-TRW-Steering-Systems-opens-airbag- manufacturing-plant-near-Chennai/articleshow/48654546.cms

5. Rane TRW Steering Systems launches new airbag production plant Business Standard - Aug 24, 2015 Rane TRW Steering Systems Pvt Ltd, a 50:50 joint venture between Rane Group and ZF TRW, launched an airbag production plant in Chennai, in order to address the expected market demand, once government regulations fall in place in October 2017. http://www.business-standard.com/article/companies/rane-trw-steering-systems-launches-new-airbag-production- plant-115082400729_1.html

6. Rane TRW Steering launches airbag manufacturing unit in Chennai Livemint - Aug 24, 2015 The launch of airbags by Rane TRW Steering Systems comes a few months after the recall of cars by Honda Motor Co.'s Indian unit and others due to defective airbags supplied by Takata Corp. In May, the Japanese airbag manufacturer admitted that its ... http://www.livemint.com/Industry/pZPAYTeU6agq0w3XdFKebN/Rane-TRW-Steering-launches-airbag- manufacturing-unit-in-Chen.html

7. RANE TRW opens airbag facility in TN Business Standard - Aug 24, 2015 "The commissioning of the new facility demonstrates the company's commitment to support technology evolution in passenger vehicles", said Harish Lakshman, Managing Director, RaneTRW. The airbag manufacturing facility is located close to the seat-belt ... http://www.business-standard.com/article/pti-stories/rane-trw-opens-airbag-facility-in-tn-115082401084_1.html

8. Rane TRW opens ₹18-cr unit to make airbags Hindu Business Line - Aug 24, 2015 Automobile components manufacturer Rane TRW Steering Systems has expanded its product base with the inauguration of an airbag manufacturing plant. The company's Occupant Safety Division, which makes automobile seat belts, has now added airbags ... http://www.thehindubusinessline.com/companies/rane-trw-opens-18cr-unit-to-make-airbags/article7575735.ece

9. Rane TRW opens airbag manufacturing plant just-auto.com (registration) - 17 hours ago Rane TRW Steering Systems Occupant Safety Division - a 50:50 joint venture between Rane group and ZF TRW - has opened an airbag manufacturing plant located near its seatbelt factory in Singaperumal Koil, Chennai. Both plants have around 450 ... http://www.just-auto.com/news/rane-trw-opens-airbag-manufacturing-plant_id162209.aspx

10. Rane Group sets up new plant for airbags mydigitalfc.com - Aug 24, 2015 Rane TRW Steering Systems, a joint venture between auto component-focussed Rane Group and ZF TRW, has established a new manufacturing facility for airbags used in passenger cars. The new plant, set up by the 'occupant safety division' of the company ... http://www.mydigitalfc.com/companies/rane-group-sets-new-plant-airbags-804

11. Rane TRW inaugurates new airbag plant in Chennai Team-BHP - Aug 24, 2015 Rane TRW Steering Systems Private Limited - Occupant Safety Division, a 50:50 joint venture between the Rane group and ZF TRW, has inaugurated an airbag manufacturing plant. This unit is located in the same campus as the company's seatbelt plant in ... http://www.team-bhp.com/news/rane-trw-inaugurates-new-airbag-plant-chennai

12. Rane TRW Airbag Plant inaugurated by Nigel Harris RushLane (blog) - Aug 24, 2015 Rane TRW Steering Systems inaugurated a new Airbag manufacturing plant. This plant, adjacent to the Seatbelt plant in SingaperumalKoil, Chennai, was inaugurated by Mr. Nigel Harris, Managing Director and President, Ford India. The new plant is ... http://www.rushlane.com/rane-trw-airbag-plant-12159305.html

13. Auto Parts Asia Rane Opens Airbag Plant

2 days ago By T Murrali

The Occupant Safety Division of Rane TRW Steering Systems Private limited today inaugurated its state-of-the- art airbag manufacturing plant in Singaperumalkoil, about 35 km south of Chennai. The new plant of the 50:50 joint venture between Rane group and ZF TRW, was formally inaugurated by Nigel Harris, Managing Director and President, Ford India. http://autopartsasia.in/rane-opens-airbag-plant/

14. Shifting-gears.com

Rane TRW inaugurate airbag plant in Chennai Posted by: Parichay Malvankar August 24, 2015 in News, Other News Comments

http://www.shifting-gears.com/2015/08/24/rane-trw-inaugurate-airbag-plant-in-chennai/ NEWS I

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The plant in (hennal, which will assemble driver and passenger airbag modules, has an installed production capacity of 500,000 airbags. 400 Toyota genuine spare parts will be sold through the online channel - www.toyotapartsconnect.ln - by parts dIstrIbutors. Toyota first OEM in India to drive online purchase of genuine spares

TOYOTA KlRLOSKAR in addition to around 30 MOTOR (TKM) has Toyol a ge nui ne ac essories launched an online portell will be sold th rough th e - www. toyotapartsconnect. online channel by the By Kiran Bajad to signifi caI1tly reduce In India, Rane TRWs in - to facilitate the parts distributors.ln the The Occupant Safety fatalities, we exp e t th Occupant Safety Di vision, distribution of its genuine first phase oflaunch, dus Division ofRane TRW auto indust ry in the which manufactures spare parts a.I1d genuine servi e will be available in Steering Sy tems, the 50:50 country to introduce seatbelt s and airbags, acces ories to the retail BaIlgalore aJld later will be J\fbetween [he Rane Group passive safety technologies caters to key customers market. Varied and expanded to other cities. and ZF TRW, has opened to meet these regulations. in luding Ford India, extensive search options Commenting on the an airbag manufacturing We anticipate exponcntial Renault issan, Mahindra along with multiple check online parts platform, plant located adjacent growth in the application & Mahindra, Maruti points make findin g ShekarViswa.I1athan, vice­ to it s seatbelt plant near of frontal airbags over Suzuki India, Tata Motors, th right spare part an chairmaJ1and whole-time Chennai. The seatbeit the next decade and Ashok Leyland, and easy affair along with director, TKM , said:"We plant began operations in Rane TRW will be well Daimler India Commercial selecring the nearest are very keen to pearhead 1997. positioned to support both Vehicl s.The co mpany Toyota authorised dealerI dli unique initiative The spanking nelN global and domestic OEMs exports nearly 15 percent distributor for delivery of of laUllching the digital plant, located cl ose to key located in India to bring in of its seatbelt volumes spare parts or accessorie . platform fo r ow- customers, customer Fo rd India, also these technologies to their to Brazil, olombia, Abasic p art ~ Gtment which is a first ofits kind in supplies t Mal1indra & vehicles." Vi etnam aIld Thailand. inslruction manual for key the industry. lmlian digital Mahindra. Supplies wi ll The seatbelts divisio n has part s is also provided. . commerce is growing at soon staI110 Renault­ an install ed capacity of TKM says Toyota's core a fast pace with the rapid Nissan Automotive india. 3 million seatbelts with competency oflean penetration ofintemet The Rs 18 crore ai rbag utilisation levels of70-75 inventory management access and increasing shift plant, spread across As per the govern ment's percent. a.I1dJust in Time have to smartphones, tablets aI1d 1,800 square mctres, mandatory norms, from The Rane TRW IV, been adopted to ater to laptops. Toyota strongly will assemble d river and October 2017 onwaI'ds which has two divisio ns customers. The compa.I1y believes in bringing passenger airbag modules. every new passenger car -- steering gear aIld currentlysupplies spare newness to its products The plant will have an modellaunched in the occupant safety- operates PaJ1S rwice a day to a ll and services continuously installed capacity to country will have to be from fi ve manufacturing th e metro ci ties with an incorporating customer produce around 500,000 equipped wi th driver lo cations. The company efficient supply system aIld feedback and addressing airbags; capacity will and passenger airbags. also manufactures steering logistics nerwork. Toyota the changingcustomer gradually be scaled up to a Currently, only about 30 gear for ommercial claims it is one of the best requirements. In the first millio n airbags in the next percent of the cars sold vehicles in India. New in the industry with around phase, customers across rli 0 years. in India have airbags; it business is coming its 98.5 percent supply rate of Bangalore will now be able Speaking about the new is estimal'ed that after way from new vehicle spare parts. to shop for all theirToyota plant, Harish Lakshman, Octo ber 2017, nearly 50 platforms; 70 percent Initially around 400 car aI1d care needs with MD, Rane TRW, said , percent cars sold in India of re enue comes from Toyota genuine spare ease and convenience of "With the government wi ll have airbags and the steering gear division parts such as brake pads, the digital platform.We will promoting occupant number will touch 100 and 30 percent hom the clutch plates, vviper be expanding this to the safety and ro ad safety percent by 2020. occupant safety division. blades, oil filters, air filters other cities in due course." www. aulocarp ro.in I September 2015 Autocar ProfeulonaJ 9 COMPONENT ZONE

Rane TRW’s new state-of-the-art airbag plant in Chennai inaugurated

Mr. Nigel Harris, Managing Director and President, Ford India, addressing the gathering at the inauguration of Rane TRW’s new airbag plant in Chennai. The others (from left) are Mr. B. Ayyappan, Sr. Vice President-Occupant Safety Division, Rane TRW, Mr. Alexander Heilig, Director – Product Line, Global Steering Wheel Systems, ZF TRW, Mr. L. Ganesh, Chairman, Rane Group, Mr. Harish Lakshman, Managing Director, and Mr. G. Parthipan, President, Rane TRW

Rane TRW Steering including Ford India, Renault shman, Managing Director, technology evolution in the Systems Pvt. Ltd., a 50:50 Nissan, Mahindra & Mahi- Rane TRW, said: “With the passenger vehicles. We antici- joint venture between the ndra, Maruti Suzuki India, Government of India promot- pate exponential growth in the Rane Group and ZF TRW, Tata Motors, Ashok Leyland ing Occupant Safety/Road application of frontal airbags has opened its state-of-the-art and Daimler India Commer- Safety to signiicantly reduce over the next decade and Rane airbag manufacturing plant cial Vehicles. The company fatalities, we expect the Indian TRW will be well positioned located adjacent to its seatbelt exports nearly 15 per cent of auto Industry to introduce to support both global OEMs plant at Singaperumal Koil its seatbelt volumes to Brazil, passive safety technologies to and domestic OEMs in India near Chennai. The plant was Colombia, Vietnam and Thai- meet these regulations. The with their growth aspirations formally inaugurated on land, among other countries. commissioning of this new to bring in these technologies August 24 by Mr. Nigel Har- Commenting on the plant facility demonstrates our com- to their vehicles.” ris, Managing Director and inauguration, Mr. Harish Lak- pany’s commitment to support The airbag plant, which has President, Ford India. The new facility coming un- der the Rane-TRW’s Occupant Safety Division is located in the same campus as the com- pany’s existing one dedicated to seatbelts operational since 1997, with both plants having a total workforce of around 450 employees. In India, Rane TRW’s Oc- cupant Safety Division manu- factures seatbelts and airbags, catering to key customers,

24 MOTORINDIA l September 2015 COMPONENT ZONE

been set up at an initial invest- components to improve its airbag market and are eyeing in Asia Paciic. ment of Rs. 18 crores and competitiveness in a highly a minimum one-third share in Apart from occupant safety covering an area of 1,800 sq. cost-conscious market like future”, said Mr. Alexander systems, Rane TRW is also metres, will assemble driver India. “We basically plan to Heilig, Director – Product a major player in steering and passenger airbag mod- have a lot of local content in Line, Global Steering Wheel systems which contribute ules. The plant will have an our airbags in India, moving Systems, ZF TRW, while ad- to around 70 per cent of the installed capacity to produce forward. Only the inlator, dressing the media. company’s turnover at present. around 500,000 airbags ini- being the most critical part ZF-TRW manufactures As a preferred supplier of tially, which will be doubled of the airbag, will still be inlators at its facilities in hydraulic power steering sys- in the next two years’ time. sourced from ZF-TRW outside Germany, North America and tems to many leading vehicle Rane TRW is currently of India. We have around 30 China and holds nearly 17 per manufacturers, the company working to localize the airbag per cent share in the Indian cent share in the airbag market expects the technology to be adopted by an increasing number of vehicle segments in the country in future. “We expect the recovery in the M&HCV segment to continue and that it will aid the growth of our steerings business. In addition, an increasing number of LCVs and SCVs will slowly start migrating to power steerings, similar to what happened in trucks and cars, and we expect this trend to boost sales for our steering systems”, added Mr. Lakshman.

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