ZF Group Positions Itself for Growth in India's Construction Industry

12 Dec 2023 CW Team

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.

Infrastructure Urban

13 Oct 2025

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Building Material

13 Oct 2025

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

Infrastructure Urban

13 Oct 2025

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..