Our presence in India dates to the 1960s, and we are continuing to expand our footprint to support commercial-vehicle customers in the region. In 2011, we signed a definitive agreement with Axles India, Ltd. (AIL), to acquire select assets of AIL's commercial truck axle business, including full ownership of AIL's axle drive head and final axle-assembly operations. We are also responsible for the marketing, sales, and engineering of these medium- and heavy-duty commercial vehicle axles.
We are expanding our engineering and distribution operations in India by opening a 125,000-square-foot technical center and a 5,000-square-foot distribution center in Pune, India, to provide design, testing, and analytical support for commercial vehicle driveline technologies. Having a local distribution center is critical to provide better delivery and after-sales service to our aftermarket customers.