Video - Auto Industry Must Double Manufacturing Footprint in 5 Years, with Localization as the Key: ZF Group's Akash Passey
ZF Group India's President discusses the critical role of suppliers and startups in innovation, India's resilience amid global challenges, and ambitious plans to triple business within five years.
By Yukta Mudgal
2479 Views
In this conversation with Akash Passey President, ZF Group India, he talks about Tier 2, Tier 3 suppliers and startups being crucial for growth and innovation. He talks about how collaboration cuts design-to-output time and speeds market response. India is a beacon of hope amid global slowdown, according to Passey.
He adds that GST rationalization is welcomed because of which the last two quarters will do much better this year. He also says that there'll be cash flow to support PV, CV and CE sales.
He expects the industry must double manufacturing footprint in the next 5 years which localization being the key in a market like India which is cost-conscious but value-driven. He said that the demand for safety, sustainability, modernization is rising based on which ZF India plans to triple its business in next 5 years.
Video:
RELATED ARTICLES
Video: e-Vitara India Output Fixed at 2,000/Month Till July; Nexa Expansion to 700 Studios
Autocar Professional Bureau
28 Feb 2026
Maruti limits e-Vitara to 2,500 units monthly until July amid surging demand, while planning major Nexa studio network e...
Video: Ganesh Mani on Switch Mobility’s $1 Billion Revenue Target
Mukul Yudhveer Singh
28 Feb 2026
CEO outlines Switch’s scale ambition, 1,500 e-buses this FY and why finance remains the biggest bottleneck in India’s el...
Video: India Could Emerge Among Top 5 Markets For FEV Group As EV Transition Accelerates: Norbert W. Alt
Prerna Lidhoo
24 Feb 2026
Dr. Norbert W. Alt of FEV Group explains why India is central to its global strategy, driven by localisation, electrific...
