ZF Friedrichshafen AG, a global leader in driveline and chassis technology as well as active and passive safety technology, has inaugurated its first Technology Centre in India in Hyderabad, Telangana. The ceremony took place in the presence of K. Chandrashekar Rao, Chief Minister of Telangana, Dr. Stefan Sommer, CEO of ZF Friedrichshafen AG, Mamatha Chamarthi, Chief Digital Officer and executive lead for the India Technology Center (ITC) and other senior government and ZF officials.
The ZF ITC strengthens ZF’s presence in the country with anticipated investment plans of Euros 15 million (Rs 105 crore approx.) over the next five years. The ITC will foster high-end innovations which will focus on bringing advanced technology to India as well as localizing more strategic business activities including research, design and development for global market initiatives. It also aims to leverage one of the finest academic research communities and the increasingly recognized rich and diverse talent pool for global development projects.
The new Technology Centre will be dedicated to electronics, embedded software and mechanical engineering. It will support ZF’s global development teams while enabling the company to accelerate local product development supporting ZF automotive and non-automotive operations and customers in India. The company intends to harness the skill set present in the country today to develop world class technology solutions for ZF across the globe, in addition to accelerating local product development.
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