ZF Group Positions Itself for Growth in India's Construction Industry
12 Dec 2023
2 Min Read
CW Team
The ZF Group is expressing confidence in the transformative trajectory of India's construction industry, aligning with the growing demand for intelligent system solutions and sustainable technologies. At EXCON India 2023, the global leader in driveline technology is showcasing its expertise, reinforcing its commitment to India's domestic industry growth. The exhibition, taking place at South Hall 1, Booth F121, serves as a platform for ZF Group to highlight its global technologies and emphasise its strategic investments in a new plant, affirming its dedication to the region.
ZF Group, renowned for its hydraulic and electrohydraulic braking systems, particularly in heavy-duty, off-highway, construction, mining, and agriculture sectors, stands ready to address the evolving needs of the Indian market. The company's technologies play a pivotal role in achieving low or zero emissions and enhancing productivity on construction sites, aligning with the industry's increasing emphasis on sustainability.
The Off-Highway segment in India is poised for significant growth, driven by the construction industry's optimism regarding market potential. The surge in urbanization and the push for infrastructural connectivity contribute to the positive outlook. To support this development, ZF Group has industrialized the ERGOPOWER M transmission series at its Coimbatore plant, making strategic investments in a new facility spanning over 12,000 square meters.
The new Coimbatore plant is positioned to meet both domestic and export market demands, enhancing ZF Group's manufacturing capabilities locally. By combining this facility with its main hub in Germany, the company aims to strengthen its production capacity to meet future market growth in the global construction equipment sector.
Akash Passey, President, ZF Group, India, emphasised the significance of the new plant and the localisation efforts, stating that it aligns with the company's vision of 'Make in India for the World' and 'Make in India for India.' This strategic move enhances agility in meeting customer expectations, providing local access to ZF Group's world-leading technologies. Positive economic factors, such as growing urbanisation and a focus on infrastructure growth, further fuel the company's optimism about the market and the opportunities it presents.
The ZF Group is expressing confidence in the transformative trajectory of India's construction industry, aligning with the growing demand for intelligent system solutions and sustainable technologies. At EXCON India 2023, the global leader in driveline technology is showcasing its expertise, reinforcing its commitment to India's domestic industry growth. The exhibition, taking place at South Hall 1, Booth F121, serves as a platform for ZF Group to highlight its global technologies and emphasise its strategic investments in a new plant, affirming its dedication to the region.
ZF Group, renowned for its hydraulic and electrohydraulic braking systems, particularly in heavy-duty, off-highway, construction, mining, and agriculture sectors, stands ready to address the evolving needs of the Indian market. The company's technologies play a pivotal role in achieving low or zero emissions and enhancing productivity on construction sites, aligning with the industry's increasing emphasis on sustainability.
The Off-Highway segment in India is poised for significant growth, driven by the construction industry's optimism regarding market potential. The surge in urbanization and the push for infrastructural connectivity contribute to the positive outlook. To support this development, ZF Group has industrialized the ERGOPOWER M transmission series at its Coimbatore plant, making strategic investments in a new facility spanning over 12,000 square meters.
The new Coimbatore plant is positioned to meet both domestic and export market demands, enhancing ZF Group's manufacturing capabilities locally. By combining this facility with its main hub in Germany, the company aims to strengthen its production capacity to meet future market growth in the global construction equipment sector.
Akash Passey, President, ZF Group, India, emphasised the significance of the new plant and the localisation efforts, stating that it aligns with the company's vision of 'Make in India for the World' and 'Make in India for India.' This strategic move enhances agility in meeting customer expectations, providing local access to ZF Group's world-leading technologies. Positive economic factors, such as growing urbanisation and a focus on infrastructure growth, further fuel the company's optimism about the market and the opportunities it presents.
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