The company's status as a technology pioneer (over the years has been the first to introduce ABS, AMT, ESC, ADAS, etc, to the Indian CV market) and complete solutions provider has led to substantial outperformance vis--vis industry, translating into ever increasing content per vehicle. Nevertheless, present reading is below other large CV markets (~US$600 in China, ~US$1,000 in Brazil and ~US$1,500 in US), leaving further headroom for realisation led growth. Post-acquisition of WIL's global parent by ZF Friedrichshafen of Germany, it has become a 93.1% subsidiary of the latter....