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    <author>ENA</author>
    <category>Sectors</category>
    <date>2024-02-15 14:13:19</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;Tamil Nadu, Feb 15 (KNN) &lt;/strong&gt;ZF, a leading automotive systems supplier, has inaugurated its 19th manufacturing plant in India at Oragadam, Tamil Nadu.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This move is part of the company's Rs 1,800 crore project aimed at strengthening its manufacturing footprint in India and meeting the increasing demand for automotive systems.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The new manufacturing facility, covering an area of 44.08 acres, signifies ZF's commitment to local manufacturing excellence and global demand fulfilment.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;With a focus on 'Make in India for India and the World,' the Oragadam plant showcases state-of-the-art production technology across its 7,200 sq. meters facility.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This multi-divisional facility will lead innovation in Safety, Automated, Connected, and Electric domains for both commercial and passenger vehicles.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Furthermore, sustainability is at the core of ZF's operations at the Oragadam facility.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The plant aims to be climate neutral by 2040, utilising 100 per cent renewable energy sources such as solar and wind power.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;It also integrates rainwater harvesting infrastructure, targeting to achieve water positivity by 2025.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;To meet the escalating customer demands, ZF plans to expand its workforce at the Oragadam plant over the next decade.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Notably, the company intends to predominantly employ women, emphasising its commitment to diversity and inclusion.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Peter Laier, Member of the ZF Group Board of Management, highlighted India's strategic significance for ZF, affirming the company's dedication to fostering innovation and growth in the Indian market.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Similarly, Akash Passey, President of ZF Group India, emphasised the company's commitment to contributing significantly to India's automotive landscape through innovation and growth.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Managing Director of ZF Commercial Vehicle Control Systems India Limited, Mr. P Kaniappan, emphasised the plant's role in delivering next-generation mobility solutions, catering to the demand for advanced safety, efficiency, and connectivity technologies.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The inauguration of ZF's Oragadam plant marks a significant milestone in the company's journey towards strengthening its manufacturing presence in India.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;em&gt;&lt;strong&gt;(KNN Bureau)&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>36711</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/german-giant-zf-group-puts-up-19th-plant-in-india-at-oragadam-tamil-nadu</link>
    <pubDate>2024-02-15 14:13:19</pubDate>
    <source>knnindia.co.in</source>
    <title>German Giant ZF Group Puts Up 19th Plant In India At Oragadam, Tamil Nadu</title>
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