BRUSSELS, Belgium -- WABCO-TVS (India) Ltd., a subsidiary of WABCO, a tier-one supplier to the commercial vehicle industry, has announced an agreement with original equipment manufacturer Mahindra Navistar Automotives Ltd. (MNAL) for the development and long-term supply of air compressor technology, products for braking systems and clutch servo technology. Series production is scheduled to begin in 2010.
MNAL, a joint venture in India between Mahindra & Mahindra Ltd. and Navistar Inc., manufactures trucks and tractor trailers for the commercial vehicle industry.
"Our commitment is to develop and deliver an entire spectrum of commercial vehicles that will benefit our customers in ways that until now are unseen and unheard of in our industry. By partnering with WABCO-TVS in India for rigid trucks, we can create and sustain new value in the marketplace through technology innovation that significantly enhances our products for local and export markets alike," said Rakesh Kalra, managing director, Mahindra Navistar Automotives Ltd.
"We are passionate about partnering with Mahindra Navistar Automotives, as we continue to contribute WABCO's pioneering engineering and highly reliable products while further growing our position in emerging markets through deep connectivity with customers, powered by our local people and capabilities," said Leon Liu, WABCO president, Asia Pacific. "This agreement confirms WABCO's number one position in air compression technology globally, particularly in India. It also enlarges WABCO's already broad and successful customer base in Asia."
P. Kaniappan, managing director, WABCO-TVS (India) Ltd., added, "This significant new business with Mahindra Navistar Automotives further leverages the well-anchored leading position of WABCO-TVS in the local market and our ability to maximize value for our customers through improved vehicle safety, increased fuel efficiency and driver effectiveness."
WABCO-TVS is the winner of the 2009 India Manufacturing Excellence Award (IMEA) with "Super Platinum" distinction, presented by
The Economic Times in partnership with Frost & Sullivan. WABCO-TVS is also the winner of the 2009 Gold Award for Manufacturing Excellence from the Automotive Component Manufacturers Association of India. WABCO-TVS, formerly known as Sundaram-Clayton Limited, Brakes Division, previously won a Deming Prize for total quality management; a Total Productive Maintenance Excellence Award from the Japan Institute of Plant Maintenance; and a Japan Quality Medal, the first awarded to a company in India.