ZF Friedrichshafen AG is setting up its first ever India Technology Center in Hyderabad, which will be dedicated to software and mechanical engineering. The new Technology Center will support ZF's global development teams while enabling the company to accelerate local product development.
Dr. Stefan Sommer, CEO of ZF Friedrichshafen AG said: "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". Over the years, ZF has been successful in localizing high technology products in India.
"As demand for software engineering grows, we will exponentially increase our capacity to help meet our customers' growth aspirations. With this Technology Center, we are reinforcing our global R&D footprint as well as our commitment and investment in the rapidly emerging Indian market," he added.
(Continued on the next page)