ZF Friedrichshafen AG is setting up its first ever India Technology Center in Hyderabad, which will be dedicated to software and mechanical engineering. The new site will support ZF’s global development teams while enabling the company to accelerate local product development.
“This new facility is a significant investment for ZF in India. We are harnessing the skilled talent pool that India has to offer in order to develop superior technology solutions for our global as well as local customers,” said Dr. Stefan Sommer, CEO of ZF Friedrichshafen AG. “As demand for software engineering grows, we will exponentially increase our capacity to help meet our customers’ growth aspirations. With this Technology Centre, we are reinforcing our global R&D footprint as well as our commitment and investment in the rapidly emerging Indian market”.
ZF’s first Technology Center in India will be fully operational by 1st January 2017 and is expected to have a work force of 2,500 engineers by 2020. ZF has made considerable investments and advanced technology launches in the Indian market for example in its Pune facility, the first launch of the Electric Park Brake (EPB) technology in India and also inaugurated ZF Hero Chassis systems Pvt. Ltd., a 50-50 JV ZF India Pvt. Ltd. and Hero Motors Ltd in Oragadam, Kanchipuram district.