Strong truck sales to speed up Wabco India's prospects

New product launches and exports to its parent have led to firm's improved earnings

With the momentum in volume growth of medium and heavy commercial vehicles (M&HCV) continuing its uptrend, one of the key beneficiaries is auto components supplier Wabco India. The company, which gets most of its revenues from the commercial vehicles segment, has multiple levels of growth, including exports to its parent, and introduction of new products.

The benefit of the new component supply is that it helped the firm increase the content per heavy commercial vehicles that it supplies. This is the reason why it continues to outperform the M&HCV space, reporting (for example) a 43 per cent increase in revenue