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ZF aims €100 million worth exports from India by 2017

By Niranjan Mudholkar,

Added 09 June 2016

Launches Global Purchasing Office in the ZF Chakan Plant, the Headquarters for ZF in India

"ZF aims to further strengthen its presence in India, and endeavor to seize any prospects related to castings, forgings and stampings while going forward with value added products and assemblies", explained Horst Wiedmann, Executive Vice President, Head of Strategic Materials Management & Central Services ZF Group. "India has always had an advantage of a good supplier base, technical capability and availability of skilled talent proving it to a premier destination for sourcing." Currently ZF is exporting to the tune of €35 million from India and aims to increase this figure to €100 million by 2017.

Suresh KV, President for ZF in India added, "We at ZF have always realized that the Indian market helps manufacture international quality products. We have been present here for over three decades and aim to position India as a major sourcing hub which can further help our presence on a global scale."

ZF has restructured its team to be in sync with the new ZF Global Materials Management organization. The structure now consists of a head of Material Sourcing who will oversee a team of commodity managers. Technological innovations harmonized with a robust global supply chain supports ZF‘s manufacturing and assembly process which is coupled with ZF Production Systems approach. This all-inclusive approach ensures global quality products at vehicle- and field level.

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