Date:01/12/2005 URL: http://www.thehindubusinessline.com/2005/12/01/stories/2005120101960200.htm

Back Rane bags more Volkswagen orders

Our Bureau

CHENNAI: RANE Engine Valves has bagged more orders from Volkswagen, Germany, which will generate an additional euro 2.2 million a year. The company has been supplying engine valves and the sales fetch about euro 2 million.

A press release from Rane says the company proposes to raise its capacity at Hyderabad. It is also "in the final stages" of deciding on a location for its fifth plant to meet the future requirements of domestic and overseas customers.