ZF Commercial Vehicle Control System India Ltd
NSE: ZFCVINDIA BSE: 533023
₹14571
(0.19%)
Thu, 14 May 2026, 04:54 am
Market Cap276.35B
PE Ratio55.55
Dividend0.13
Producer Manufacturing
Auto Parts: OEM
24.5KCompany History
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 adjustment 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
- Products meeting global standards
- Tata Cummins certificate for Commendable efforts in Value Engineering and Cost Reduction
2005
- WABCO inaugurates Software Design Centre, Chennai
- 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
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800