NSK Ltd. joint venture, Rane NSK Steering Systems Pvt. Ltd. (RNSS; Headquarters: Chennai, India; Chairman: Laxminarayan Ganesh), has established a new plant in Ahmedabad City (Gujarat, India) to produce electric power steering (EPS) systems. The plant inauguration ceremony was held on November 22, 2018.
The new Gujarat Plant (west India) joins three existing RNSS plants to cover the vast expanse of India. RNSS also operates plants in Chennai (southeast India), Bawal (north India), and Pantnagar (north India). Ahmedabad is an important economic and automotive industry hub in western India. The new Gujarat plant was established to respond to increasing demand and shorten lead times to better serve our customers.
Comment from Laxminarayan Ganesh, Rane Group Chairman
This investment represents an important part of our strategic plan to achieve business growth. We are growing by continuing to introduce new technologies and expand our product lineup. The Gujarat Plant has been established with the goal of becoming the top leader of EPS manufacturing in India.
Comment from Shigeyuki Suzuki, Executive Vice President at NSK
By locating the new plant at the automotive industry hub of Ahmedabad we will increase our ability to closely provide engineering and technical support to our customers in northwest India, and we will realize shorter lead times. NSK and Rane have been working together since 1997, and we are continuing to build on a long history of success.