CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
ZF, supplier of automotive systems for passenger vehicles, commercial vehicles, and industrial technology, has inaugurated its 19th manufacturing plant in India at Oragadam in Tamil Nadu.
With a Rs 1,800-crore project outlay, the company plans to improve its manufacturing presence and expansion in India, wherein the investment would be realised by 2030.
Spread over an area of 44.08 acres, the new manufacturing facility, for the first phase of the project, covers an area of 7,200 sq. mtrs. facility and boasts ZF’s advanced production technology.
The new site will produce components and systems for electric vehicles (EVs) including the electric compressors, for electric and hybrid commercial vehicle (CV) applications. The facility will also produce electronic braking system (EBS), ASP cartridges, hydraulic ESC, wheel end solutions, digital FBV, ADB and even central drives by the next 10 years.
The Oragadam plant reinforces the company's thrust towards local manufacturing while simultaneously catering to global markets.
It would create opportunities and empower talent in line with the projected domestic growth avenues.
It will offer pioneering innovative solutions in safety, automated, connected, and electric domains for commercial and passenger vehicles and grow exports as a centre of excellence for manufacturing and frugal engineering.
Recent News
◉ SWELECT Energy secures over 150 MW of solar module - Mar 13,2025◉ RVNL emerges as lowest bidder for Rs 554.64 crore road contract - Mar 13,2025
◉ MoU inked for developing Multi-Modal Logistics Park in Varanasi - Mar 13,2025
◉ Danfoss India to invest Rs 1,200 crore by 2028 - Mar 13,2025
◉ SJVN to develop Rs 9,500 crore pumped storage project - Mar 13,2025
◉ JNPA signs concession agreement for Rs 285-crore agri-processing facility - Mar 13,2025
◉ Montra Electric opens e-SCV manufacturing plant in Chennai - Mar 13,2025