German car parts maker ZF Friedrichshafen AG
is setting up its first technology centre in India in Hyderabad, which will be
dedicated to software and mechanical engineering.
The centre will support ZF’s global
development teams while enabling the company to accelerate local product
development, a company statement said. It will be fully operational by 1
January 2017 and is expected to have a workforce of 2,500 engineers by 2020.
“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,” Stefan Sommer, chief executive of ZF
Friedrichshafen, said in a statement.
Over the years, ZF has been successful in
localising high technology products in India, the statement said.
As many as 13,800 engineers are working in
R&D with ZF globally. The research and development network consists of more
than 100 development locations, including 17 main development locations.
ZF has been in operation for more than three
decades in the Indian market and ZF TRW for more than 50 years through its
joint venture with TVS and Rane groups.
Currently, with nearly 12,000 employees,
including joint ventures, ZF has 19 production facilities excluding warehouses
and office buildings.
Mamatha Chamarthi, senior vice-president and
executive lead for the new India technology centre, said, “ZF has an impressive
history of being the leader and innovator in the auto component sector. We have
1,000 external engineers in the field of electronics, software and mechanical
engineering with key Indian engineering services providers in Pune, Bengaluru
and Hyderabad.”
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