Ad Here  
New India Assurance posts impressive show 29 per cent jump in TCS revenues HPCL plans Rs.61,000 crore capex over 5-years CAPITAL NOTES Tata Motors joins compact SUV bandwagon with Nexon IOB on turnaround path L&T bags the Mumbai Trans-harbour link order Smartphone onslaught by Chinese brands Tata Motors charts investments in PV and CV businesses A welcome initiative-even critics are recognised PPP model for infrastructure development Wabco launches safety system Increasing market share E.I.D Parry (India) Ltd: another sweet year V-Guard launches app-enabled water heater system Sundram Fasteners rejigs international Yamaha unveils scooter boutique Solar installations exceed 2015 capacity in five months Record two-wheeler sales It takes two to tango Hyundai India achieves 7 mn production at Chennai factory Aurobindo Pharmacy: good turnaround LVB posts 31 per cent growth in Q1 net profit Chinese smart phones flourish in small towns too! Daimler’s truck exports from Chennai cross 5000 units Carnival Films acquiring 3000 screens pan India Daimler grows sales and share in India Singur minus Nano – victory or folly? PSU non-life firms seek to protect share Bajaj Finserv – Q1: fare well RoC in the dock... The gainers and the losers Are they really independent? Rane targets Rs.5500 crore topline by 2018-19 AL introduces Guru & Partner Right to privacy – now it’s fundamental! Gamesa to set up a plant in Nellore ITC chairman calls for policy impetus to transform agriculture Tata Motors bets on new launches M & M unveils driverless technology for tractors Michelin to double Chennai capacity When small is not so beautiful… Emami – a new growth mantra Back in growth mode Is this a generation gap? Eyes strong growth in 2016-17 TVS Automobile invests Rs.75 crore in start-up firms AL wins Deming prize again Tata gets 4-star rating for Zest A niche in FMCG business... The unexpected exit Kone India eyes further growth in elevator market Hyundai to focus on SUVs and AMT variants Housing demand revival TVS Srichakra plans capacity expansion From the toughest to the best year TN government keen on revival of operations at Nokia complex Consolidating leadership position in smartphones Ode to Ratan Tata Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Tata Steel, ThyssenKrupp sign MoU to merge European units Vellayan is back, after 150 days Tata Motors aims to be among the Top 3 global CV & PV firm L & T set bigger ambitions in defence business Forging industry worried over lower supply of steel and its price Shriram Life clocks more than Rs.1000 crore premium in 2015-16 Mercedes-Benz sales continue to zoom Preparing for the next growth curve Land wars Hindalco – re-rating Welcome focus to improve rural India... Last stages Toyota and Suzuki to introduce EVs in India by 2020 Sivasankaran enters taxi space to take on Uber and Ola L & T’s floating dock for navy He excels in the nuts and bolts of entrepreneurship L&T profit up by 11 per cent Maruti – for young buyers Smooth sailing of SAIL AL secures orders for 3600 buses Titan Company – sales recovery to kick in ITC – steep excise hike Dish TV – subscriber additions encouraging Nissan exit shouldn’t affect ALL TI Cycles plans retail expansion to drive sales for premium bicycles
Wabco launches safety system

Wabco, a global player in safety and control systems for trucks and buses, is bullish on Indian market due to growing adoption of safety parts in commercial vehicles in India. “As India has become a production hub for brake actuators, we are giving stronger focus in this market,” stated Jacques Esculier, Chairman and Chief Executive Officer, Wabco Holdings.

Wabco group has five manufacturing units, a 200-acre vehicle testing facility and a technology centre in India.  Its present capacity is about 45,000 systems a month and the current capacity utilisation is about 85 per cent, according to to P Kaniappan, Managing Director. With close to 4400 employees, Wabco India accounts for one third of Wabco’s global workforce. Also, a third of its engineers in India are involved in design and development of new systems and products. 

Wabco India is also a strong exporter of parts and last year its exports stood at Rs 550 crore.

Author :
Reported On :
Sector :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236