Follow us
‘Next Five Years Belong To India’ : ZF Group India President Akash Passey
ZF Group's India region President Akash Passey believes India stands at the cusp of major growth, as long as the country remains conflict-free and geopolitically unencumbered.
By Yukta Mudgal & Mayank Dhingra
13 Mar 2025
10418 Views
Share -
Amid evolving market trends such as electrification, tier-1 auto component supplier ZF Group is looking to ride the India growth story by following a strategy of greater localisation. The group's India region president Akash Passey believes the next 5-7 years belong to India, and the company – with its safety solutions, electronics, and mobility systems – can play a key role in realising this potential.
With six decades of operations in India, the German auto component manufacturer has been delivering technology solutions and services to major OEMs in India. The company operates 18 manufacturing facilities, 10 technical centres, and ...
RELATED ARTICLES
From Everywhere to Somewhere: ZF's Profitability-First Reset
Ketan Thakkar
22 Jun 2026
As ZF navigates industry disruption, portfolio rationalisation and profitability pressures, its new CEO is reshaping the...
Tenneco Bets on India as Fastest‑Growing, Most Profitable Mega Region
Darshan Nakhwa
21 Jun 2026
US auto component maker Tenneco expects India’s global revenue share to rise from 5–7% towards 10%, while exports could ...
Layam Group Sees Auto Hiring Shift to Software and EV Skills
Mukul Yudhveer Singh
21 Jun 2026
Companies are increasingly seeking skills in software, electronics, battery systems and digital manufacturing, and that’...
