CHENNAI, India, July 9, 2014 - WABCO Holdings Inc. (NYSE: WBC), a leading global supplier of technologies to improve the safety and efficiency of commercial vehicles, announced today that the Madras Management Association (MMA) has bestowed its 2014 Award for Managerial Excellence in Manufacturing on WABCO India. The MMA recognized the company for excellence in multiple areas, including financial performance, product innovation and customer awards.
"For over 50 years WABCO and our employees have been committed to improving the safety and efficiency of trucks, buses and trailers on India’s roads by enabling commercial vehicle manufacturers to leverage WABCO’s industry-leading products and technologies, strong local engineering talent and outstanding manufacturing capabilities," said Mr. P. Kaniappan, Vice President, WABCO India Ltd. "We are very honored to receive this award in recognition of the skills and expertise that have made us the preferred supplier of commercial vehicle safety and efficiency technologies in India today. It will motivate us even more to contribute to the continued success of our customers and the commercial vehicle industry in India and around the globe."
"WABCO is a shining example of first-rate standards in management and manufacturing in India," said Mr. Srivats Ram, President, Madras Management Association at the award ceremony in Chennai, India. "This award recognizes world-class management practices amongst manufacturing organizations who achieve excellence in business performances."
The Madras Management Association focuses on promoting world-class standards of management education and training in India since its founding in 1956. Today, more than 8,000 companies, institutions and individuals hold membership in the MMA.
Press Photo / caption: P. Kaniappan (second from left), Vice President, WABCO India Ltd., accepts the 2014 MMA Award for Managerial Excellence in Manufacturing. The Madras Management Association (MMA) recognized WABCO India for excellence in financial performance, product innovation and customer awards. Pictured here from left to right are: Mr. Raju Venkatraman, Senior Vice President, Founder and CEO, MEDALL Diagnostics; Mr. P Kaniappan, Vice President, WABCO India Ltd.; Mr. R. Chandrasekaran, Vice Chairman, Cognizant and Chairman, NASSCOM; Mr. Gopal Srinivasan, Chairman and Managing Director, TVS Capital Funds Ltd. and Mr. Srivats Ram, President MMA and Managing Director, Wheels India Ltd.
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