+
Automaker ZF to hire 5,000 engineers from India to boost global R&D
ROADS & HIGHWAYS

Automaker ZF to hire 5,000 engineers from India to boost global R&D

ZF Friedrichshafen AG, a German auto component company with a market capitalisation of €32.6 billion, plans to hire over 5,000 engineers in India in order to increase its share of the connected and autonomous technologies adopted by automakers.

In India, the company has already secured a €200 million investment. A fifth of that will go to a Hyderabad-based tech centre that will do a lot of global R&D.

By the end of the decade, the group aims to triple its business in India to €3 billion and expand its sourcing of parts to over €2 billion.

It is aiming for faster growth in India following the Wabco acquisition than in the previous decade. Exports from this location totalled 400 million euros.

The ZF Tech Centre, which opened in 2017, is a software and engineering centre in Hyderabad. It supports all four technology fields of ZF—automated driving, electric mobility, vehicle motion control, and integrated safety.

As of 2027, the ZF Technology Center in India plans to hire 3,000 new employees, bringing the total number of employees to 5,000. By the end of 2028, the company will have hired 5,000 engineers in total, including those in other locations in India.

Systems and software development, function control & algorithm development, and design and simulation in mechanical engineering, mechatronics, and electronics engineering are some of the areas of focus for the centre.

Although Covid-19 has had an impact on current operations in India, the ZF Group has reaffirmed its commitment to the Indian market and committed new investments through its Refresh India four-point strategy.

Product launches, manufacturing, and engineering footprint expansions, hiring, and other developments will all benefit from this new investment across all business domains.

Image Source

ZF Friedrichshafen AG, a German auto component company with a market capitalisation of €32.6 billion, plans to hire over 5,000 engineers in India in order to increase its share of the connected and autonomous technologies adopted by automakers. In India, the company has already secured a €200 million investment. A fifth of that will go to a Hyderabad-based tech centre that will do a lot of global R&D. By the end of the decade, the group aims to triple its business in India to €3 billion and expand its sourcing of parts to over €2 billion. It is aiming for faster growth in India following the Wabco acquisition than in the previous decade. Exports from this location totalled 400 million euros. The ZF Tech Centre, which opened in 2017, is a software and engineering centre in Hyderabad. It supports all four technology fields of ZF—automated driving, electric mobility, vehicle motion control, and integrated safety. As of 2027, the ZF Technology Center in India plans to hire 3,000 new employees, bringing the total number of employees to 5,000. By the end of 2028, the company will have hired 5,000 engineers in total, including those in other locations in India. Systems and software development, function control & algorithm development, and design and simulation in mechanical engineering, mechatronics, and electronics engineering are some of the areas of focus for the centre. Although Covid-19 has had an impact on current operations in India, the ZF Group has reaffirmed its commitment to the Indian market and committed new investments through its Refresh India four-point strategy. Product launches, manufacturing, and engineering footprint expansions, hiring, and other developments will all benefit from this new investment across all business domains. Image Source

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code