German transmission specialist, ZF Friedrichshafen, is setting up its first Technology Center in Hyderabad, India, dedicated to software and mechanical engineering.
According to ZF, the new Technology Center will support ZF’s global development teams while enabling the company to accelerate local product development.
“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,” said Dr Stefan Sommer, CEO of ZF Friedrichshafen.
“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.”
ZF’s Technology Center in India will be fully operational by 1st January 2017 and is expected to have a work force of 2,500 engineers by 2020.