Please find appended below a post budget expectation quote by
Mr Suresh KV, Country Head of ZF in India and Head of ZF India Pvt. Ltd;
“The much awaited budget presented by Finance Minister, Mr Arun Jaitley shows immense promise.
A
net investment of Rs 97, 000 crore in the road sector has been proposed
and a total of nearly 10, 000 kms of national highway has been approved
by the government.
With this proposed advancement in the infrastructure, the country shows
that it is now ready for the advent of smart transport options. These
initiatives are truly the right ones for stimulating the off- highway
products where ZF is present and will be glad
to contribute.
Also,
the dedicated R&D team of ZF will continue their endeavor to find
suitable innovative and futuristic technologies that can be introduced
in India.
Additionally,
the setting up of 1500 multi skill training institutes would help auto
components manufacturers in acquiring skilled talent. The Finance
Ministry has
also promised to enforce the necessary revisions in Motor Vehicle Act
and open up the road transport sector in the passenger cars segment.
All
in all, we at ZF are looking forward to this financial year as this
budget gives us the motivation to continue on our path of futuristic and
sustainable growth.”
Additionally, please find below a brief about ZF India for your kind perusal:
ZF India:
ZF
has been operating for over three decades in the Indian market.
Currently, ZF’s presence in India consists of 9 plants spread across
Pune, Pantnagar, Gurgaon, Chennai, Coimbatore
and Madurai. The components and systems manufactured in India cater to a
wide segment of applications from Construction and Mining sector to
Automotive, Commercial vehicle, Wind energy sector and so on.
Additionally, ZF Group has a significant presence in India through
its global portfolio of products. The Powertrain Technology Division
supplies transmissions, axle drives and clutch components, as well as
suspension and rubber plastic components in its
Chassis Technology Division to OEM’s manufacturing luxury and high
performance passenger cars in India. ZF continues to be a dominant
player in the premium Bus and Truck segment through its wide product
portfolio. The other key focus areas for India include
Rail, Defense, Aerospace & Marine. The total approximate resource
strength of local employees is 3,000 and is growing by the day.
Request you to let me know if you might require anything further.
Best Regards,
Gunjan Chakravarty
Account Executive
gunjan.chakravarty@mslgroup.
No comments:
Post a Comment