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


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