ZF to invest €200 mn in India, recasts business
The Hindu
Shapes strategy for rapid growth
German firm ZF has announced an investment of about €200 million in India and consolidation of its business domains here to drive growth in the next decade. The company is into driveline and chassis technology as well as active and passive safety, “Despite the current severe situation regarding COVID-19 in India, the ZF Group strongly believes in the long-term growth potential of the region,” said Holger Klein, ZF Member of the Board responsible for Asia Pacific and India. “Therefore, we are launching a Refresh India four-point strategy.”
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