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ZF Friedrichshafen to establish EUR20m plant in India

ABR Staff Writer Published 24 March 2014

German automotive parts supplier ZF Friedrichshafen is investing EUR20m to establish a new plant in Pune, India.

ZF Powertrain

The new plant will combine car powertrains and commercial vehicle technology business units as well as ZF Services. It will also be used as headquarters of the engineering and administration of ZF India.

Construction, which is being carried out at the 85,000m² site at the Chakan industrial park in Pune, is scheduled to be completed between 2014 and 2015. The plant is expected to create nearly 350 jobs in the region.

ZF Friedrichshafen CEO Stefan Sommer said that the company still sees considerable potential in the Indian automotive industry for the coming years.

"We want to be geared up for that and therefore are investing in new plants," Sommer added.

ZF India managing director Piyush Munot said: "The new plant is a good starting point for the further expansion of the business in India - and it is a clear commitment of the ZF Group to the Indian market and its future prospects."

With this move, the company is seeking to provide its customers with products from local production wherever possible. The company said that design-to-market considerations play an important role in this regard. As part of this plan, the ZF engineers based in Pune will also be located in the new building in order to develop products aimed at the requirements of the Indian market.

 


Image: ZF will produce car powertrains and commercial vehicle technology at the Pune plant. Photo: Courtesy of ZF Friedrichshafen AG.