Rane (Madras) opens greenfield facility in Aguascalientes, Mexico

Rane (Madras) Ltd, through its subsidiary Rane Automotive Components Mexico, established a greenfield facility in Aguascalientes, Mexico, for manufacturing steering and suspension components. Initial investment is USD 3 million, rising to USD 6 million over 12-18 months.

“The establishment of this greenfield facility is aligned to our aspiration of growing the share of international revenues.”auto.economictimes.indiatimes.com

• 3 sources
• auto.economictimes.indiatimes.comRane (Madras) New Facility In Mexico: Rane (Madras) opens new facility in Aguascalientes, Mexico, for steering parts, ETAutoOnline BureauJan 26, 2024
• timesofindia.indiatimes.comRane Madras to set up factory in Mexico | India Business News - Times of IndiaNandini Sen GuptaJan 26, 2024
• evtechnews.inRane Madras opens new facility in Aguascalientes, Mexico for steering components - EV Tech NewsNews DeskFeb 6, 2024

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