The auto component major, now part of the ZF Group’s Commercial Vehicle Control Systems Division after its acquisition in May 2020, plans a greenfield factory in Tamil Nadus Oragadam auto hub. The companys board has already given approval for a "sizeable expansion in the vicinity of Chennai".

Changing Gears The Indian Automobile industry has experienced steady growth in the last six years and is looking forward for higher growth rate in the years to come. The market size is huge considering the increase in the buying power of the Indian middle class.