The German auto parts maker has set up a technology development centre in Hyderabad at a cost of ₹322 crore which will be inaugurated on June 1.
“A testimony for Hyderabad in the growing mobility space. ZF announces its expansion plan in Hyderabad with 3,000 employees and will be a big part of the Telangana Mobility Valley,” Industries and IT Minister K. T. Rama Rao tweeted.
Hyderabad’s technology development centre will be ZF’s ZF's largest facility among its 100 locations and 18 major development centres across the globe. The new facility is coming up in Nanakramguda and will be inaugurated on June 1.
The ZF Group inaugurated its ZF Technology Centre India (TCI) in Hyderabad on March 2, 2017. Currently, ZF has more than 1,950 engineers working on development projects from the country through its service partners and employees. It added over 800 engineers to its workforce at the centre, a facility that plays a major role in the company's digitalization strategy. According to ZF, the India technology centre plays a critical support role in the area of electronics, embedded software and mechanical engineering.
