ZF Commercial Vehicle Control Systems India Ltd. Company History and Annual Growth Details

1962

-Established as a Joint Venture with Clayton Devandre.

1982

-Commenced production of dual brake systems

1987

-Manufacture of Vaccum Products
-Launch of TQM

1990

-High Pressure Compressors

1994

-Introduced products for Defence applications
1998

-First Indian Company to win Deming Prize

1999

-TPM kick off

-Launched Air Dryers, Automatic brake adjustemt and load sensing valves
2000

-Commissioning of proving ground

-Launch of ABS

-QS 9000 Certification

2001

-ACMA Gold Medal for technology development

-ISO 14001 Certification

2002

-Second company outside Japan to win Japan Quality Medal

-Launched locally developed Anti-Lock Braking System (ABS)

-ACMA award for technology

2003

-ACMA Gold Trophy for Manufacturing Excellence

2004

-Commenced production in the new plant in Ambattur, Chennai

2005

-WABCO inaugurates Software Design Centre, Chennai

2004

-Products meeting global standards

-Tata Cummins certificate for “Commendable efforts in Value Engineering and Cost Reduction”

2005

-Frost & Sullivan, India manufacturing excellence Overall Gold award

2006

-Eicher Motors certificate for “Value Engineering Support, Vendor Managed Inventory and State-of-the-art Design and Testing Facilities

2007

-Commenced production in the new plant in Jamshedpur, Jharkhand.

-JIPM – TPM Category 1 award

-Frost & Sullivan, India manufacturing excellence Super Platinum award

-Tata Cummins certificate for “Excellent Support in New Product Introduction” and “Best Cost Reduction”

2008

-Commenced production in the new plant in Mahindra World City, Chennai

-SCL Brakes division de-merged into WABCO-TVS (India) Limited.

-TATA Motors Vendor Meet – 2008 – “Recognition of enduring relationship”

-TATA Motors Vendor Meet – 2008 – “Excellence in Quality”

-VOLVO Eicher Commercial Vehicles Vendor Meet – 2008 – “Best Quality Vendor”

-TATA Motors certified for “Consistently maintaining Zero PPM over three years”

2009

-WABCO takes majority ownership. WABCO-TVS (India) Limited becomes WABCO INDIA LIMITED

- Wabco-Tvs (India) Limited has appointed Mr T S Rajagopalan as Chief Financial Officer of the Company.

-ACMA Gold Trophy for “Manufacturing Excellence”

2010

-Launched localized Clutch Servo, Automatic Slack Adjusters, Air Processing & Distribution Unit (APDA)

-Ashok Leyland Overall Quality Excellence Gold award for 2009-10

-VOLVO Eicher Best New Product Development supplier award for 2009

-Frost & Sullivan India Manufacturing Excellence Super Platinum award.

-WABCO-TVS (India) is offering an extensive range of products for the commercial vehicle control systems market.

-WABCO Factory in Chennai Wins India's Two Top Awards for Manufacturing Excellence.

-WABCO Expands OptiDrive Transmission Automation Technology to Medium Duty Trucks and Buses for Ashok Leyland, India's Second Largest Manufacturer of Commercial Vehicles".

2011

-TATA Excellence in Quality, Innovation & Technology.

-The Company has recommended a dividend of Rs. 5.00 per share, i.e. 100%.

-Company has changed its name from Wabco-TVS (India) Ltd. to WABCO India Ltd.

2012

-WABCO launched its new manufacturing facility at Pantnagar, Uttarakhand.

-WABCO inaugurates its Plant 2 at SEZ, Mahindra Worldcity, Chennai

-"Safety Appreciation Award" from "National Safety Council", Tamilnadu chapter

-National Award for Excellence in Cost Management” from the Institute of Cost and Works Accountants of India (ICWAI) Second Award

-Ashok Leyland outstanding Co-location support Award.

2013
-- Board recommended a Dividend of Rs. 5 per equity shares.


2014
-- Board recommended a Dividend of Rs. 5 per equity shares.

2015
-Daimler Indias Innovations Award for the year 2014-15
-Tata Motors Supplier of the year award for the year 2014-15
-Ashok Leylands Best in class performance in Quality award for the year 2014-15
-Volvo Eicher Overall cost excellence award for 2015

2017
-WABCO’s Mahindra World City plant wins “Future Ready Factory Award” at India Manufacturing Excellence Awards 2017
-WABCO India Wins 2017 Road Safety Product and Solution Award from Federation of Indian Chamber of Commerce and Industry.
-WABCO Signs Agreement to Acquire AssetTrackr in India.
-WABCO INDIA Wins Prestigious Total Productive Maintenance Excellence Award From Japan Institute of Plant Maintenance.


2019
-WABCO Shareholders Approve ZF Friedrichshafen Acquisition". 

2020 
-ZF Completes WABCO Acquisition of commercial vehicle technology supplier. 

2021 
-ZF Acquires Bestmile’s Technology to Lead the Digital Transformation of Transportation Services. 

2022 
-Company name has changed to ZF Commercial Vehicle Control Systems India Ltd. from WABCO India Ltd.. 
-ZF the largest supplier with the broadest portfolio to the commercial vehicle industry, shows a selection of its latest innovations and technolog advances at the IAA 2022.








Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+