Berlin-headquartered ZF Group has been expanding its manufacturing base in India. The new facility is its 19th production unit in the country and its 10th in Tamil Nadu.
ZF Commercial Vehicle eyes a strong growth curve aided by new regulations and e-mobility thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
German Tier 1 auto component company ZF inaugurated its new manufacturing plant in Oragadam on Wednesday, its tenth facility in Tamil Nadu and 19th in India. The plant will see investment of Rs 1,800 crore and generate 5,000 jobs over a ten-year period.
ZF is scaling production of its versatile 8-speed PowerLine transmission for Class 5-8 vehicles in South Carolina. The PowerLine is also designed for use in hybrid vehicle concepts.