Background: Rane Holding is the Group Company of Rane Group. Founded in 1929; Headquartered in Chennai, India. It has strategic investmen ts in four subsidiary companies, three joint venture companies and one associate company. The company serves a variety of industry segments: Passenger vehicles, Commercial vehicles, Farm tractors, and two wheelers, Three Wheelers, Railways and Stationary Engines. It manufactures Steering and Suspension sys tem, Friction materials, Valve train components, Occupant safety system and Die-casting products. The company also has presence in the other critical and safety components, like Engine Valves, Friction material and Occupant Safety Systems....