ZF Group, one of the world’s leading automotive suppliers and technology companies, takes a significant step forward in its commitment to India’s growth with the grand inauguration of its manufacturing plant in Coimbatore, Tamil Nadu, recently.
The inauguration caters to the construction and railways segment.
Spread over an area of 10,000 square meters, the new manufacturing facility displays ZF’s state-of-the-art production technology.
The new off-highway plant aligns with ZF’s objective of ‘Make in India for India and the World’s approach, highlighting the company’s thrust towards local manufacturing excellence while simultaneously catering to global demands.
This facility will play a critical role in pioneering innovative solutions for the construction equipment segment and railways in India for domestic markets, and also grow exports as a hub for manufacturing for ZF Group’s global customers.
To meet the growth in India’s robust construction equipment segment and to address the demands for superior innovative solutions by its customers, ZF Group has invested 20 million Euro (192 CRORES) to strengthen its unwavering commitment to localise world-class technologies, products and solutions to India’s growing mobility sector.
Peter Laier, Member of the ZF Group Board of Management and Head, Commercial Vehicle Solutions and Industrial Technology, stated, “As we proudly inaugurate ZF’s new manufacturing plant in Coimbatore, this is another step in ZF Group’s commitment to India’s dynamic manufacturing landscape.
India is a strategic market for ZF Group, and we focus on India for its engineering and manufacturing capabilities. This is led by its growing domestic market.
This state-of-the-art facility aligns with our global strategy of growth closer to customers and reaffirms ZF’s dedication to fostering innovation and growth in this pivotal market.”
Akash Passey, President, ZF Group India, expressed his enthusiasm about this strategic move, stating, “India stands as a pivotal manufacturing hub, embodying ZF’s unwavering commitment to the nation’s growth and development.
Our strategy, ‘Make in India for India and Make in India for the World’, underscores the immense domestic growth opportunities while positioning India as a global leader in manufacturing excellence.
By harnessing India’s potential, we aim to drive innovation and economic progress, ensuring that our products not only meet the needs of the Indian market but also set benchmarks worldwide.”
Andreas Moser, EVP Industrial Technologies, ZF Group, stated, “In India, the construction industry is upbeat about the market potential with rapid urbanisation and the push for infrastructural connectivity, which the country is witnessing.
The industrialisation of the ERGOPOWER transmission and MULTITRAC axle series at the ZF Coimbatore plant will contribute to that development.
This will help the plant to cater its production to domestic and export requirements.
The new plant in Coimbatore, together with the main hub in Germany, will support the production capacity needed for the future market growth in the global construction equipment market.”
