Allison Transmission, established in 1915 and headquartered in Indianapolis, Indiana, USA, is a global leader in the design and manufacture of vehicle propulsion solutions, including fully automatic transmissions and electrified propulsion systems. Serving a diverse range of applications such as on-highway trucks, buses, motorhomes, off-highway vehicles, and defense vehicles, Allison's products are recognized for their durability, reliability, and high performance. The company's commitment to innovation is reflected in its continuous development of technologies that improve vehicle efficiency and performance. With a presence in over 150 countries and approximately 3,400 employees, Allison Transmission maintains manufacturing facilities in the U.S., Hungary, and India, and has regional headquarters in the Netherlands, China, and Brazil.
Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce that it has signed an asset purchase agreement to acquire the transmission portfolio of India-based AVTEC Ltd.’s off-highway business and AVTEC’s Madras Export Processing Zone (MEPZ) off-highway component machining business.
