ZF Group, a German automotive component manufacturer, is all set to establish a transmission and axle manufacturing plant in Coimbatore, Tamil Nadu, spanning 12,000 square meters. This facility aims to serve both local and international markets, reinforcing ZF’s German hub by strengthening production capacity for anticipated market expansion.
ZF is a worldwide technology company that provides systems for passenger cars, commercial vehicles, and industrial technology. Offering an extensive product portfolio, the company delivers integrated solutions to established vehicle manufacturers, mobility providers, and startups in the transportation and mobility sectors. ZF is at the forefront of digital networking and automation, strategically transitioning into a software- and cloud-based entity, enabling vehicles to perceive, analyze, and respond. The Consolidated ZF Group has a global presence, with 168 production locations across 32 countries and 19 main development locations in nine countries. In the fiscal year 2022, ZF achieved sales of €43.8 billion, supported by approximately 165,000 employees worldwide. Demonstrating a commitment to innovation, the company allocated 7.8 percent of its sales to research and development in 2022.
Established in 1915, ZF has evolved from a specialized aviation technology supplier into a leading global mobility technology firm. Prioritizing Next Generation Mobility, ZF focuses on delivering cutting-edge products for passenger cars, commercial vehicles, and industrial applications. Covering an expansive area of 12,000 square meters, ZF’s upcoming facility in Coimbatore is designed to serve both domestic and international markets. The plant will play a crucial role in reinforcing the company’s primary hub in Germany by providing the necessary production capacity to accommodate anticipated market expansion.
Akash Passey, President of ZF Group India stated, “This move makes us more agile in meeting customer expectations and enables our customers to get easy access to our world-leading technologies with local manufacturing competencies. The economic tailwinds of growing urbanization and the key thrust on infrastructural growth makes ZF Group in India positive about the market and the opportunities here.” Recognized primarily for its transmissions, the ZF Group is also a notable producer of hydraulic and electro-hydraulic braking systems. These systems cater to a wide range of industries, including heavy-duty, off-highway, construction, mining, and agriculture.
