Wabco-TVS India Ltd

Chairperson - M Laxminarayan
Directors - C N Prasad, D E Udwadia, H Lakshmanan, Kurt Lehmann, Leon Liu, M Laxminarayan, Narayan K Seshadri, Nikhil Madhukar Varty, P J Jacob, P Kaniappan, R Madhavan, T S Rajagopalan, Trevor Lucas, Venu Srinivasan

Total Income - Rs. 6095.349 Million ( year ending Mar2010)
Net Profit - Rs. 785.855 Million ( year ending Mar2010)

WABCO-TVS (INDIA) is a joint venture between TVS Group and WABCO Holdings Inc. The company has pioneered the manufacture of air-assisted and air brake systems for commercial vehicles in India. With a commitment of total satisfaction to customers, their company has achieved a share of business in the OE (Original Equipment) segment greater than 85% and a market share in the after-market greater than 75%.

WABCO-TVS (INDIA) Limited is the leading provider for air brake actuation systems for commercial vehicles.

WABCO, one of the leading providers of electronic braking, stability, suspension and transmission control systems to the global commercial vehicle industry, and TVS Group, a leading producer of automotive components, two-wheelers, electronic hardware and a major distributor of automotives and spare parts in addition to operating goods transport and financial services, in May 2007 announced their intention to transfer the brakes business of their Indian joint-venture Sundaram Clayton Ltd (SCL) to a new wholly-owned subsidiary, WABCO-TVS (INDIA) Ltd., (WABCO-TVS) through a demerger plan.

WABCO-TVS has a solid foundation in its domestic market leadership and pioneering R&D efforts. Comprehensive TQM (Total Quality Management) practices enables WABCO-TVS in being a competitive world-class manufacturer in terms of quality, cost and timely delivery of products.

With intensive R&D efforts and high quality standards, its products have found global acceptance. Today Australia, Malaysia, UK, Singapore, South Asia, North America, Venezuela and the Middle East are part of its export network.

Clientele:

WABCO-TVS (INDIA) Limited supplies original equipment fitments for vehicles manufactured by Ashok Leyland, TATA Motors, Vehicle Factory (Jabalpur), Bharat Earthmovers, TAFE, Volvo, SUTLEJ, CATERPILLAR, Eicher Motors, Swaraj Mazda, Force Motors, Mahindra & Mahindra, Tata Cummins (Engines) and a host of other trailer manufacturers.