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SWOT ANALYSIS OF RML:

STRENGTHS:-

1. Brand image of Rane ( Madras ) Ltd.,


2. Wide range of products
3. New product designs and testing
4. Employee attitude
5. Capacity and capability to handle volumes

WEAKNESS:-

1. Asset productivity.
2. Inadequate absorption of technologies know-how from TRW.
3. Lead time for new product development
4. Dependency on declining products (manual steering gear)
5. Process robustness
6. Sourcing capability

OPPORTUNITIES:-

1. Exports
2. TRW-US/Europe
3. Replacement
4. Domestic
 3 wheeler – M & M / Tata cub
 Hydrostatic gear
 Sonaika

THREATS:-
1. Shift from manual to power steering gears
2. Cost pressure from market / customers
3. Rupee appreciation
4. Ball joints becoming a commodity
5. Import of ball joint assembly due to duty reduction
6. Lack of new product portfolio

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