With a total investment worth nearly Rs 150 crore, 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 sq m (21 acre), this facility marks an important milestone in the centennial year of ZF Group. 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.?
Piyush Munot, India Managing Director, responsible for ZF Group operations in India, said,?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.?