Wabco inaugurates new software engineering, business centre in Chenai

The facility will cater to Wabco's global operations

WABCO, automobile component maker, today inaugurated a new software engineering and business centre in Chennai. It may be noted, WABCO had a tie-up with TVS Group to manufacture components, but TVS exited completely in 2011.

The new centre that was inaugurated by Jacques Esculier, WABCO's Chairman and CEO, is spread over in 65,000 sq ft of area.

Since 2010, the company has doubled its software engineering talent pool in India to 250 and plans to add another 150 engineers over the next five years.

The new facility will also accommodate WABCO's business services team of around 110 professionals. WABCO is a leading innovator and global supplier of technologies to commercial vehicles

The company said it would use this facility and expand its software engineering capabilities to support the local design of new products and systems for emerging markets as well as to contribute to the global development of advanced technologies for commercial vehicles. 

“Today’s strategic expansion of WABCO’s software engineering and shared services capabilities in India marks yet another milestone for WABCO,” said Esculier.

The company will leverage WABCO India’s talent pool and cost efficiency to support and differentiate the development of advanced technologies to help improve the safety and efficiency of commercial vehicles around the globe, he added. 

"WABCO India is also taking a primary role in our efforts to drive efficiency and business process improvements across the company to continuously lower cost,” said Esculier.

WABCO reported sales of $2.9 billion in 2014 globally. The company is headquartered in Brussels, Belgium, and has 11,000 employees worldwide.