ZF Rane Automotive India acquires TRW Sun Steering Wheels
TRW Sun Steering Wheels Pvt Ltd, a maker of steering wheels, will be acquired by ZF Rane Automotive India for an unknown amount. A joint venture between the Sun Group and the ZF Group worldwide, TRW Sun Steering Wheels produces a range of steering wheels specifically for the Indian market. ZF Rane Automotive India is now well-positioned to offer its local clientele full solutions encompassing system integration and occupant safety as a result of the purchase. With improved capabilities, ZF Rane Automotive India will be able to provide outstanding value to both new and current customers as a result of the purchase. By combining the ZF Group's technological expertise with the Rane Group's production capabilities, the purchase strengthens ZF Group India's position as a market leader in the country. ZF Rane Automotive India will be able to provide a comprehensive portfolio to additional clients around the area with the purchase of TSSW.