ZF to strengthen India presence with higher localisation of technology
ZF Friedrichshafen AG is also looking to make India a sourcing hub for its global portfolio.
ZF Friedrichshafen AG, the global leader in driveline and chassis technology as well as active and passive safety technology, is aiming to further strengthen its presence in India.
With the expansion of its operations in India, ZF says it is well prepared to effectively meet local market requirements and provide its customers with the most innovative and high quality products, solutions and services. India being considered as the prime destination for low cost products, localisation has been the biggest challenge for ZF. The major challenges faced are the manufacturing technology, meeting the highest quality standards and the low volume within the scope of low cost. As such, ZF says it has streamlined its efforts in this direction in order to achieve the highest quality standards and the degree of performance that today’s market demands.
Over the past few years, the company has worked very closely with its suppliers teamed with German engineering to deliver quality products and services and has also been successful in localising a sizeable percentage of its products.
With a focus on expanding the market, ZF’s off-highway products also cater to other market segments like the pick and carry crane and self-loading concrete mixers. Meanwhile, with a view to establish ZF in India as a sourcing hub for ZF’s global portfolio, and to constantly innovate and provide top-notch products to its customers, the company is developing products that are futuristic.
According to Suresh KV, president for ZF in India, “With the inauguration of two manufacturing plants in a rather short span, we intend to strengthen ZF’s presence in India. Riding the ‘Make in India’ wave, we are consistently streamlining our efforts towards the localisation of our products to perfectly fit the needs of our customers while maintaining the highest quality standards and futuristic technology. In the coming years, we hope to make India a sourcing hub for ZF’s global portfolio.”
Also read: Industry 4.0 – The Smart Factory
RELATED ARTICLES
Bajaj Auto launches new Chetak 3503 at Rs 110,000
The Chetak 3503, with a claimed range of 155km, 63kph top speed and a slower charging time than its 35 Series siblings, ...
Hyundai walks the eco talk with biogas plant, material recovery plant in Gurugram
Operational since October 2022, the facility targets sustainable waste management in Gurugram by undertaking scientific ...
Rajiv Bajaj reappointed MD and CEO of Bajaj Auto for five-year term
Bajaj Auto’s Board of Directors has approved the re-appointment of Rajiv Bajaj as the company’s MD and CEO for another f...