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ZF will invest EUR 200 million in India in its pursuit of faster and smarter growth.
By Bhushan Mhapralkar|Aug 12, 2021

ZF Bets Big on India

Intensifying focus on diversity and inclusion as part of the current transformation within the automotive industry, ZF has announced an investment plan of around EUR 200 million to grow its India business. Applying the learnings from a challenging pandemic year to concentrate on highly diverse and inclusive teams that have a profound effect on long-term innovation, employee satisfaction and business success, the tier-one automotive supplier has begun strategically consolidating its business domains with renewed impetus to drive growth over the next decade. Enjoying a leading position across various technology solutions in automotive and non-automotive business segments, ZF, as a preferred partner of choice, has put in place a ‘Refresh India’ four-point strategy that involves an intensive plan to rapidly grow its business in one of the largest automotive markets in the world. “The ZF Group strongly believes that the long-term growth potential of the region is strong,” expressed Dr Holger Klein, ZF Member of the Board responsible for Asia Pacific and India.

 

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