"Management guided export revenues growth from Rs 1.18bn in FY11 to Rs 10bn in FY15," said a Spark Capital Report, after an investor-management meet.
"The management was positive on the export momentum due to the cost advantage enjoyed by India, and the entire range of Wabco's products becoming available with Wabco taking majority control," the report said.
It can be recalled that this is coming post Wabco taking majority control of its Indian arm, after the TVS Group sold its stake in what originally was a joint venture called Wabco-TVS.
The key driver for Wabco's export growth story is likely to be the South American business.
Wabco India consist of revenues of about Rs 889 crore in 2011.
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