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{{Short description|Auto component manufacturer in Chennai, India}}
{{Use dmy dates|date=May 2021}}
{{Use Indian English|date=July 2018}}
{{Infobox company
| name = Rane Limited
| logo = File:Rane Group Logo.jpg
| caption =
| type = Public company
| traded_as = {{BSE|532661}}, {{NSE|RML}}
| genre =
| fate =
| predecessor =
| successor =
| founded = 1929
| founder = T. R. Ganapathy Iyer
| defunct =
| location_city = [[Chennai]]
| location_country = [[India]]
| locations =
| area_served =
| key_people = L. Ganesh (chair)<br />S. Parthasarat(CEO)<br />Gowri Kailasam(president)
| industry = [[Automotive industry|Automotive]]
| products = Manual steering gear products and suspension & steering linkage products
| services =
| revenue =
| operating_income = {{INRConvert|67.05|b}} (FY2012-13)
| net_income =
| aum =
| assets = {{INRConvert|34.102|b}} (2012)
| equity =
| owner =
| num_employees =
| parent = Rane Holding Limited
| divisions =
| homepage = {{url|http://ranegroup.com/rane-madras-limited/}}
| footnotes =
}}
'''Rane (Madras) Ltd''' is a part of the [[Rane group]] of companies involved in the manufacture and distribution of [[steering]] and [[Suspension (vehicle)|suspension]] systems. The main components manufactured by the company include Manual Steering Gear Products (SGP) and Suspension & Steering Linkage Products (SSLP). The other products include tie rod assemblies, drag link assemblies, center link assemblies and gear shift ball joints.<ref>
{{cite web |url=http://automotivehorizon.sulekha.com/rane-madras-sales-up-by-43-percent_newsitem_382 |title=Product Range of Rane (Madras) Ltd |year=2010 |publisher=Automotive Horizon |url-status=dead |archiveurl=https://archive.today/20130630101342/http://automotivehorizon.sulekha.com/rane-madras-sales-up-by-43-percent_newsitem_382 |archivedate=30 June 2013 }}</ref><ref>
{{cite web |url=http://www.hindu.com/2006/10/24/stories/2006102404471900.htm |archive-url=https://web.archive.org/web/20061129052024/http://www.hindu.com/2006/10/24/stories/2006102404471900.htm |url-status=dead |archive-date=29 November 2006 |title=Rane (Madras) Ltd varanasi plant to produce ball joints |date=24 October 2006 |work=[[The Hindu]] |accessdate= }}</ref> Automobile companies that use its products include [[Ashok Leyland]], [[Volvo]], [[Mahindra & Mahindra|M&M]], [[Tractors and Farm Equipment Limited|Tafe]], [[Tata Motors|Tata]] among many others.<ref>
{{cite web |url=http://www.autocarpro.in/contents/othersDetails.aspx?OtherID=82 |title=Market scope of Rane (Madras) Ltd |date=27 May 2013 |publisher=Autocar Professional |url-status=dead |archiveurl=https://archive.today/20130702092902/http://www.autocarpro.in/contents/othersDetails.aspx?OtherID=82 |archivedate=2 July 2013 }}</ref> Tata motors remains its major customer and is the primary parts manufacturer for Tata's Nano.<ref>
{{cite web |url=http://www.rediff.com/money/2008/feb/19nano1.htm |title=Rane group to supply parts for nano |date=19 February 2008 |accessdate= |work=Rediff.com}}</ref> The company has also set up a dedicated plant for Tata Nano in Sanand, Gujarat.<ref>
{{cite web |url=http://www.thehindubusinessline.in/bline/blnus/02201220.htm |title=Rane group's plant in Sanand for Tata Nano. |date=20 December 2009 |publisher=The Hindu Business Line |url-status=dead |archiveurl=https://archive.today/20130702104357/http://www.thehindubusinessline.in/bline/blnus/02201220.htm |archivedate=2 July 2013 }}</ref> The company was forced to change its manufacturing facility from West Bengal to Gujarat after Tata moved out.

== History ==

Rane group of companies was founded by Shri T. R. Ganapathy Iyer in the year 1929 and the group was originally named as Rane (Madras) Ltd.<ref>
{{cite web |url=http://www.thehindu.com/todays-paper/tp-features/tp-metroplus/the-real-dharma-of-industry/article2748042.ece |title=The real dharma of Industry |date=26 December 2011 |accessdate= |work=The Hindu}}</ref> It started off as a distributor of automobiles and parts. After his death, the business was taken over by his son-in-law Lakshmana Iyer Lakshminarayan, popularly known as LLN, among friends and business circles. Under the leadership of LLN, the company was shaped into an auto-component business house. LLN remained as the founder chairman of the group for over three decades.<ref>
{{cite web |url=http://www.accessmylibrary.com/article-1G1-69185829/india-chairman-emeritus-rane.html |title=Chairman Emeritus of Rane group-L.L. Narayan |date=15 January 2001 |accessdate= |publisher=Access my Library}}</ref>

During the early periods. Rane Madras Ltd was engaged in trading only. Later in the year 1960, they completely dropped trading and started manufacturing and it all started with the manufacture of Tie Rod ends at their plant in Velachery, Chennai. Later; as the [[automobile industry]] flourished, the business spread to the manufacturing of other suspension and steering systems. As a major turn of events, in 2005 the company was de-merged from the group and the group holding company called Rane Holding Ltd (RHL) and several other [[subsidiary companies]] were formed.<ref>
{{cite web |url=http://www.financialexpress.com/news/rane-madras-to-demerge-manufacturing-division/120594 |title=Rane Madras demerging its manufacturing division |date=December 2004 |accessdate= |publisher=The Financial Express}}</ref> It was during this period that Rane (Madras) Ltd emerged as a [[public limited company]]. Later, Rane Holding Ltd made additional investment in the company, and thus Rane (Madras) Ltd became a wholly owned subsidiary of the Rane Holdings Ltd.<ref>
{{cite web |url=http://www.accessmylibrary.com/coms2/summary_0286-18955226_ITM |title=Rane Madras renamed as Rane Holding Ltd |date=February 2005 |accessdate= |publisher=Access my library}}</ref> It remained a major manufacturer and supplier of major [[OEM]]s in India and abroad.

Over the years Rane (Madras) Ltd has grown to be the largest in the group, both in terms of size and [[Revenue|turnover]], with five manufacturing plants in [[Chennai]]<ref>{{cite web |url=http://autocarpro.in/contents/NewsDetails.aspx?NewsID=2302 |title=Rane (Madras) Ltd's Varanasi plant |date=6 March 2013 |accessdate= |publisher=Autocar Professional }}{{Dead link|date=August 2025 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> and [[Kancheepuram]]<ref>
{{cite web |url=http://www.thehindubusinessline.in/2006/10/24/stories/2006102404050200.htm |title=Rane (Madras) Ltd's kancheepuram plant |date=26 October 2006 |accessdate= |publisher=The Hindu Business Line}}</ref> in Tamil Nadu, [[Mysore]] in Karnataka, [[Thirubuvanai]] in Pondicherry and [[Pantnagar]] in Uttarakhand. Each of the company's production plants addresses a specific industry segment. The production facilities in Mysore cater to the [[tractor]] and [[commercial vehicle]] segment; the Pondicherry plant to the passenger car segment; the plant in Chennai caters to the light commercial vehicle, heavy commercial vehicle and [[utility vehicle]] segment; the Kancheepuram plant to the export market and the manufacturing facility in Pantnagar (Uttarakhand) supplies gears exclusively to Tata Motors Ltd.<ref>
{{cite web |url=http://www.indiainfoline.com/Markets/Company/Background/Company-Profile/Rane-Madras-Ltd/532661 |title=Rane Madras Ltd-Background |year=2012 |accessdate= |publisher=IndiaInfoline}}</ref> The company has also started setting up its plant in Gujarat

In 2013 this group merged with GTC inc. (Gaurav Jagannath Rane) Director & S.E.O.

== References ==
{{Reflist}}

== External links ==
* [http://ranegroup.com/rane-madras-limited/ Official website]

{{Automotive industry in India}}
{{Authority control}}

[[Category:Auto parts suppliers of India]]
[[Category:Manufacturing companies based in Chennai]]
[[Category:Indian companies established in 1929]]
[[Category:Manufacturing companies established in 1929]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Rane (Madras) - Revision history

Mvjceng: new new details