Bengaluru, Karnataka, US$2.6 billion WABCO Holdings Inc. (NYSE: WBC), a global technology leader and tier-one supplier to the commercial vehicle industry, today announced that its award-winning subsidiary WABCO-TVS (India) Ltd. is offering an extensive range of products for the commercial vehicle control systems market. Participating at its first major industry event since becoming a subsidiary of WABCO in June 2009, WABCO-TVS is presenting pioneering engineering along with its expanded product portfolio. It includes advanced braking systems, innovative active and electronic control systems for commercial vehicles, and improved products and systems for air suspension in luxurious cars such as Mercedes and BMW among others. WABCO-TVS is also showcasing industry-leading driveline control systems for trucks and buses such as OptiDrive(tm) automated manual transmission systems, a finalist for the 2010 Automotive News PACE(tm) Awards - the industry benchmark for innovation. WABCO is present at Stall 28, Hall 18 of Pragati Maidan from January 5-11, 2010.
According to Leon Liu, President, Asia Pacific, WABCO, "Given Auto Expo comprehensive and record number of exhibitors and visitors, WABCO-TVS expects to meet in India with a widening global group of customers, partners and other industry players as we demonstrate our passion for growth. We are also committed to further leverage the well anchored leading position of WABCO-TVS in the local market with WABCO outstanding capabilities and global network as we maximize value for customers in India and internationally."
According to P Kaniappan, Whole-time Director, WABCO-TVS (INDIA) Limited, "Our expansion into vehicle control systems and major participation at Auto Expo marks a significant milestone in the growth and global expansion of WABCO-TVS in India as it moves beyond conventional braking into advanced braking, sophisticated air suspension, electronic vehicle control and innovative driveline control systems. This expanded product offering will enable us to help our customers further improve vehicle and road safety, increase vehicle efficiency and environmental sustainability, improve driver effectiveness, and reduce overall vehicle operating costs."
Notes to Editor
About WABCO-TVS (INDIA) Limited:
Since June 2009, Chennai-based WABCO-TVS became an indirect subsidiary of WABCO Holdings Inc. The company business has been present in India for more than 40 years through joint ventures and is currently expanding its product offering beyond conventional braking systems into advanced braking, sophisticated air suspension, electronic vehicle control and innovative driveline control systems. The company has a network of 205 Whole Sale Distributors, 130 Authorised Service Centers and 140 Certified Workshops in the Indian market.
About WABCO:
WABCO Vehicle Control Systems (NYSE:WBC) is a leading supplier of safety and control systems for commercial vehicles. For over 140 years, WABCO has pioneered breakthrough electronic, mechanical and mechatronic technologies for braking, stability, and transmission automation systems of world leading commercial truck, trailer, and bus manufacturers. With sales of $2.6 billion in 2008, WABCO is headquartered in Brussels, Belgium. Please visit www.wabco-auto.com for details.
