WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM ...

WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM
Infrastructure facilities for raw materials and utilities like water, electricity,
etc:
The inputs used in the manufacture of the Company’s products are aluminum diecastings,
steel sheets and rounds, rubber and plastic products. These are sourced
from domestic and overseas manufacturers, who are carefully selected and
developed through a structured supplier identification and development process. This
will ensure continuous supply of high quality products at competitive prices.
Electric power is drawn from the state grid and all factories have adequate installed
capacities for in-house generation at the time of power outages.
Adequate supply of water is also ensured for all factories either through ground
water exploitation or external supply. The processes employed in all factories are
environment friendly and the factories meet the current norm of “zero discharge”
from pollution angle. The main factory at Ambattur, Chennai, has ISO 14001
certification for environmental standards and other factories will get this certification
in the next two years.
Products / services:
Being the successor of the Brakes Business of SCL, the Brakes Business of the
Company continues to be the pioneer in design and development of air brake
actuation systems in India. Consequent upon the transfer of and vesting in the
Company of the Demerged Undertaking in terms of the Scheme, the Company has
acquired a full-fledged R & D department. The R & D department is equipped with
state-of-the-art development and testing facilities for developing new products
including an ultra modern test track, one of its kind in India.
The Company has a strong distribution network, taken over from SCL under the
Scheme, to cater its products to the aftermarket. The Company also has more than
100 authorized service centers and certified workshops across the country to provide
efficient in-service support.
The Company has software development centers in Chennai exclusively for WABCO
and provides embedded software for advanced braking and vehicle stability systems.
They are located in the following places, namely Ispahani Centre”, 7 th Floor, 123/124
Nungambakkam High Road, Chennai 600 034 and Module No – 1107, D Block, 11 th
Floor Tidel Park, No.04 Rajiv Gandhi Salai, Taramani, Chennai 600 113, Tamilnadu,
India.
Business Strategy:
Brief Statement about Business Strategy:
The Company’s strategy:
• Cost leadership in conventional products,
• Leveraging WABCO technology to bring world class products at competitive
prices to the Indian market,
• Use best practices like TQM, LPS, TPM for achieving manufacturing excellence.
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