Belgium-based Wabco, a global technology leader, has entered into a supply agreement with commercial vehicles manufacturer Ashok Leyland. The agreement is for development of transmission automation technology and the long term supply of automated manual transmission systems from 2010 through 2015.
Wabco will supply its new OptiDrive modular AMT system, an automation technology, to Ashok Leyland. The company will be the first manufacturer of commercial vehicles in India to adopt OptiDrive system in volume production, according to a Wabco statement. Both the companies did not disclose the value of the agreement.
“This agreement with Ashok Leyland is Wabco’s first new major contract since taking control of Wabco-TVS in India two months ago, further leveraging the well-anchored leading position of Wabco-TVS in the local market and our ability to provide maximum value for customers,” said P Kaniappan, director, Wabco-TVS (India) Ltd.
Depending on the driver’s preference, the OptiDrive system can change gears in full automatic mode or as initiated by the driver.
“By partnering with Wabco, we can continue to create value in the marketplace while strengthening our commitment to innovation,” said R Seshasayee, managing director, Ashok Leyland Ltd, in the release.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
