ZF Group

ZF Group has seen India sourcing rise 20% in three years and expects further growth, citing a 20% cost advantage from Indian suppliers even after shipping expenses

With an Rs 1,800 crore project outlay, ZF plans to strengthen its manufacturing presence and expansion in India with investment realization by 2030

German automotive parts maker ZF plans to invest around EUR 200 million and strategically consolidate its business to drive growth over the next decade as it looks to double down its focus on India

Proposed to be ready by Jan, 2017, ZF's 1st India facility is expected to have a work force of 2,500 engineers