ZF Rane Automotive India acquires TRW Sun Steering Wheels, expanding product offerings and market presence in India.
ZF Rane Automotive India, a joint venture between ZF Group and Rane Group, has acquired domestic steering wheels and occupant safety manufacturer TRW Sun Steering Wheels (TSSW) for an undisclosed amount. The acquisition strengthens ZF Rane's presence in the Indian market and allows the company to support more customers across the region with its expanded product offerings. The move expands ZF Rane's product portfolio and positions the company to offer comprehensive solutions covering occupant safety and system integration services to domestic customers.
March 29, 2024
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