Rane Holdings Pumps ₹50 Crore into Steering Systems Unit - Strategic Bet on Auto Tech

Rane Holdings just dropped a massive ₹50 crore into its steering systems division—because apparently traditional auto parts still need funding in 2025.

Why steering systems, you ask? Maybe they’re betting on drivers actually wanting to, you know, steer. Or perhaps it’s a clever hedge against the rise of self-driving tech—because nothing says 'forward-thinking' like doubling down on manual control systems.

Let's be real: while crypto is busy eating the financial world, old-school manufacturing is still out here begging for capital injections. Fifty crores might sound impressive, but in the grand scheme of things, it’s barely a tank of gas for a legacy industry running on fumes.

Active verbs, aggressive positioning, and a not-so-subtle reminder that while some sectors innovate, others just invest in steering wheels.