05 September 2012

WABCO Inaugurates its Second Manufacturing Facility at Mahindra World City in Chennai, India

Chennai - 05 September 2012 - WABCO INDIA, a technology leader and tier-one supplier to the global commercial vehicle industry, today inaugurated its Plant 2 at Mahindra World City in Chennai, which was completed through the company’s investment of over Rs.50 Crores. WABCO INDIA owns and operates four world-class manufacturing sites located in India. 

WABCO’s Plant 2 at Mahindra World City will manufacture leading technologies and innovative products to supply commercial vehicle manufacturers in Germany, Japan, Poland, and the United States, amongst other markets internationally. The new 2,272-square meter plant will employ 160 people, including 30 engineers. 

WABCO INDIA’s Plant 2 was formally inaugurated by Mr. Jacques Esculier, WABCO Chairman and Chief Executive Officer, and Mr. Leon Liu, WABCO President, Asia. 

“Today’s inauguration of Plant 2 at Mahindra World City marks another milestone in the successful expansion of WABCO’s global manufacturing network. Plant 2 is also an outstanding example of lean manufacturing, which further differentiates WABCO’s excellence in execution,” said Mr. Jacques Esculier, WABCO Chairman and CEO. “This new world-class plant in India further enables WABCO to seize market opportunities in Asia and globally as we continue to leverage the well anchored, leading market position of WABCO INDIA.” 

“Our new Plant 2 at Mahindra World City reflects WABCO’s commitment to provide advanced technologies and innovative products for customers globally,” said Mr. P. Kaniappan, Whole-Time Director, WABCO INDIA. “WABCO’s decision to establish our second plant in Mahindra World City is based on our view of Chennai as a premier industrial zone, which offers well integrated infrastructure, good transport connectivity and proximity to a highly qualified and skilled labour force.” 

WABCO INDIA has four world-class manufacturing sites located in Ambattur, Chennai; Jamshedpur; Mahindra World City; and Pant Nagar; as well as a software development centre and a company-owned test track in Chennai. WABCO INDIA designs, manufactures and markets conventional braking products, advanced braking systems, and other related air-assisted products and systems. It employs over 1,100 employees and reported Rs. 1058 Crs sales in its fiscal year 2011-12. 

WABCO (NYSE: WBC) is a leading global supplier of technologies and control systems for the safety and efficiency of commercial vehicles. Founded over 140 years ago, WABCO continues to pioneer breakthrough electronic, mechanical and mechatronic technologies for braking, stability and transmission automation systems supplied to the world’s leading commercial truck, bus and trailer manufacturers. With sales of $2.8 billion in 2011, WABCO is headquartered in Brussels, Belgium. 

Source: WABCO