Latest News
- India's Elections Trigger Airfare Surge in Tamil Nadu
- Citroën Reveals All-New C3 Aircross For Europe
- Suzuki Motorcycle India Achieves Production of Over 8 Million Two-Wheelers
- Maruti Suzuki Swift Sees Price Hike Across Variants: New Model Launch In May 2024
- Bentley Arnage R Abandoned In Pune: Sparks Discussion On Luxury & Neglect
- Aprilia RS 457 Accessories: A Detailed Look At The Prices
- All About Electronic Stability Control (ESC): Working & Advantages
- The Rezvani Retro RR1 Is A Modified Porsche 911 Done Right
- Google Maps To Ease EV Charger Finding With Latest Updates
- India's UDAN Scheme Offers Air Travel Fares As Low As Rs 150
Wabco To Commence AMT Assembly In India By October
Wabco India, now confirms that they will commence assembly of its AMT (Automated Manual Transmission) units domestically. Local assembly of the AMT system will commence from October 2016. All the components will be assembled at Wabco's facility in Chennai, India.
Initially, several components for the AMT system will be imported. As the volumes increase, Wabco would increase the localisation of components. Wabco would only be locally assembling AMT systems that will be used in commercial vehicles.
The company has decided to take a two-phase approach. During the first phase, focus will be concentrated on the assembly of AMT units. The second phase will consist of localising as many Indian components as possible. So far, Wabco has invested Rs. six crores for their AMT assembly line.
Currently, Wabco is importing AMT units from its Chinese facility. These AMT units will be used mainly by Ashok Leyland models. JNNURM project also makes use of Wabco's AMT units. During 2015, Wabco managed to sell 1,400 AMT units to commercial vehicle manufacturers in India.