ZF sets up its eighth Indian manufacturing unit at Chakan, Pune
Transmission and chassis technology manufacturer, ZF, has set up its eighth plant in the country at Chakan, Pune. The company celebrated the completion of its centennial year by inaugurating the 85,000 square metre facility. The company which is known for developing clutch systems for automobiles says that its Chakan factory has been built with an aim towards contributing to the Make in India effort.
ZF also announced the launch of its new clutch systems that have been specifically designed for passenger vehicles in India owing to "the demanding driving conditions" here. These will be produced at the Chakan plant as well. The industrial unit is claimed to have an installed capacity of 10 lakh and a strength of 200 employees.
Piyush Munot, MD, ZF INDIA (starting third from left) with Wilhelm Rehm, board member for ZF Friedrichshafen AG and Rudy Von Meister, ZF President APAC
Wilhelm Rehm, board member of ZF Friedrichshafen AG and global head of material management, said, "This new plant is an important investment in the centennial year of ZF Group. The new facility in India reinforces ZF's role as a global player and its commitment of expanding in a growth region like India."
The Chakan unit will also serve as headquarters for ZF's after-market sales and services, engineering and administration. Aside from high performance transmissions, ZF Friedrichshafen AG also produces chassis components. The company has also developed a 9-speed gearbox which is now ready to be adopted in cars.
India, according to ZF, is the second-largest market after China with respect to the automotive, off-highway, windpower and marine segments. ZF's presence in India consists of its eight manufacturing facilities across cities like Pantnagar, Gurgaon, Chennai, Coimbatore and Madurai, with around 3,000 employees on its payroll.
Piyush Munot, India managing director, responsible for ZF Group operations in the country, said, "Our strategy will focus on not only bringing advanced technology to India, but in the future to develop products in India for India."
ZF Friedrichshafen AG opens its multi-product Plant in Pune in its centennial year
|Technology company reiterates its commitment towards the Indian market? New plant aims expansion of product portfolio and future growth in region? Increased focus on localization and global sourcing from India? Pune/India: With a total investment worth nearly Rs. 150 crore (20 million) ZF Friedrichshafen AG has reinforced its commitment towards future growth potential of the Indian market by setting up its new plant in Chakan, Pune. Spread over an area of 85 000 square meters (21 acres) this facility marks an important milestone in the centennial year of ZF Group. "This new plant is an important investment in the centennial year of ZF Group", said Wilhelm Rehm, Board Member of ZF Friedrichshafen AG and Global Head of material management. "The new facility in India reinforces ZF's role as a global player and its commitment of expanding in a growth region like India." Over the years, ZF has been successful in localizing high technology products in India. "Now we will focus on the 'Make-in-India' theme and source quality products for its global portfolio", he added. Commenting on the development Rudi von Meister, ZF's President of Asia-Pacific, said: "This multi-product facility will house our Car Powertrain Technology and Commercial Vehicle Technology divisions as well as ZF Services under the same roof. The synergies from this consolidation will enable us to improve efficiencies and help us provide a compelling value proposition to our customers." Today, Asia-Pacific is the most important market for ZF after Europe and North America. After China, India is the second-largest market in the region and caters to various industry segments like Automotive, Off-highway, Windpower and Marine. Speaking on the launch of the new facility, Piyush Munot, India Managing Director, responsible for ZF Group operations in India, said that "ZF established its presence in Pune in 2010 by introducing high performance transmissions, followed by chassis components both for commercial vehicles and passenger cars. Today we enhance this product portfolio by launching passenger car clutch systems. These are specially designed to meet the demanding driving conditions in India. Our strategy will focus on not only bringing advanced technology to India, but in the future to develop products in India for India." ZF has been operating for more than three decades in the Indian market. Currently, ZF's presence in India consists of eight plants spread across Pune, Pantnagar, Gurgaon, Chennai, Coimbatore and Madurai, and roughly 3 000 employees. The new facility will have approximately 200 employees. It will also be home to the headquarters of the after-market sales and services, engineering and administration of ZF India Pvt. Ltd. The event was attended by industry leaders from overseas, customers, business partners, company officials, employees and members of press.|
- NewsKia to reinvent and relaunch brand, new logo coming in early 2021
- NewsMercedes-Benz takes bigger stake in Aston Martin in new technical partnership
- NewsIndia-bound 2021 Yamaha MT-09 unveiled, launch expected in 2021
- NewsFacelifted Honda CR-V Special Edition launched in India at Rs 29.50 lakh
- NewsKarnataka Govt. offers support to Tesla to setup manufacturing and R&D base