TRW Sun Steering Acquired By ZF Group

  • ZF Rane Automotive India, a joint venture between ZF Group and Rane Group, has acquired TRW Sun Steering Wheels (TSSW). 
  • TSSW, a joint venture between the Sun Group and ZF Group, has been manufacturing steering wheels since 1994. 
  • The acquisition strengthens ZF Rane Automotive India’s position in the automotive industry. 
  • TSSW, headquartered in Gurugram, manufactures various types of steering wheels for the Indian market. 
  • The acquisition strengthens ZF Rane Automotive India’s position in the domestic market, enabling it to provide comprehensive solutions for occupant safety and system integration services. 
  • The acquisition consolidates ZF Group India’s leadership in the domestic market, combining the technological competence of the ZF Group with the manufacturing prowess of the Rane Group.
Posted in Current Affairs.