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Rane Brake Lining to expand capacity
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PM NEWS BUREAU
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Thursday, July 22, 2010, 12:42 Hrs [IST]
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Chennai-based automotive brake lining manufacturer Rane Brake Lining plans
capacity expansion its plants at Hyderabad and Tiruchirapalli to meet the
export and replacement market demands. The company plans to increase the
production of asbestos free brake linings by 70 percent from the current 59
percent. The expansion will entail an investment of Rs 30 crore & will be
funded through a mix of debt and internal accruals.
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