Parts maker Rane Madras said on Wednesday it would set up a manufacturing unit in northern Uttaranchal state with an initial investment of about INR93m.
The unit would supply steering gears exclusively to Tata Motors, Rane Madras said in a statement cited by Reuters.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Auto Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now
