 "ZF group to open technology centre in Hyderabad")
German automotive technology company ZF Friedrichshafen AG on Thursday singed a letter of intent with Telangana government to set up a technology centre in Hyderabad. Proposed to be ready by January, 2017, ZF's first India facility is expected to have a work force of 2,500 engineers, including 1,000 engineers currently working with the company.
The company also has an existing team of mechanical engineers based in Pune and Coimbatore to address the local market requirements of automotive and non-automotive OEMs, according to the company.
"India offers a huge, technologically competent talent pool which aligns with the growing demand from our customers for advanced software, electronics and mechanical engineering talent," said Mamatha Chamarthi, senior vice-president and executive lead for the new India Technology Centre.
Dedicated to electronics, embedded software and mechanical engineering, the centre will support ZF's global development teams while enabling the company to accelerate local product development supporting ZF automotive and non-automotive operations and customers in India.