Rane Group and ZF have plans to launch advanced electric power steering systems in India through their joint venture, ZF Rane Automotive India. The collaboration aims to introduce rack drive electric power steering systems to the domestic market.

In addition, a license agreement has been signed for column drive electric power steering systems, which will be exclusively used by Rane Steering Systems for India. This collaboration would allow both companies to offer a complete range of electric power steering systems in India. This partnership underlines the companies' commitment to advancing automotive technologies and meeting the growing demand for innovative steering solutions in the country.

Chairman, Rane Group, Harish Lakshman, said, "The enhanced collaboration with ZF marks a significant milestone in our journey towards offering the next generation of steering technologies to our customers in India."

ZF is a global leader in technology, supplying mobility products and systems for passenger cars, commercial vehicles, and industrial technology, while Rane Group is a key player in the manufacturing of auto components. "We also bundle our engineering forces and offer a unique service to our customers with excellent know-how of modern mechatronic systems," Head of Global Steering Product Line, ZF, Theodor Kaster said.