Tuesday, Oct 8 2024 | Time 02:42 Hrs(IST)
image
Business EconomyPosted at: Sep 12 2024 3:09PM


ZF LIFETEC opens its new Global Capability Center in Hyderabad

Hyderabad, Sep 12(UNI): ZF LIFETEC, a leading passive safety technology provider for enhanced protection of vehicle occupants, on Thursday announced the inauguration of its state-of-the-art Global Capability Center in Hyderabad.
The centre was inaugurated by Telangana IT and Industries Minister D. Sridhar Babu in the presence of Rudolf Stark, Executive Vice President, ZF LIFETEC, and Akash Passey, President, ZF Group Region India.

Th Center plays a crucial role in innovation focusing on enhancing safety standards, adding significant value for customers, the company said in a release here.

The opening of the Global Capability Center is part of ZF LIFETEC’s carve-out from the ZF Group which is expected to be completed by the end of September and marks a significant step forward in the company’s commitment to local and global innovation.

Rudolf Stark said, “The new Center strengthens our global development footprint. Customer proximity is vital for our growth,and India is a rising market. At the same time, we can serve global engineering needs out of India very quickly and competitively.
Ravikumar Tirumukulu, Executive Director, ZF LIFETEC India*, said, “This state-of-the-art facility embodies our commitment to capabilities, innovation, and global engagement. With a focus on technology development for passive safety, we're not only enhancing our technical expertise but also fostering a culture of collaboration and knowledge-sharing across borders. This center will serve as a beacon for innovation, driving advancements in safety standards and delivering significant value to our customers worldwide".
Akash Passey, expressed his enthusiasm about this strategic move, stating, " This state-of-the-art Center will play a crucial role in expanding our footprint in India, driving advancements in passive safety across key regions. With 200+ employees and strategic investments, this expansion will further enhance our work in safety technology and enable us to collaborate with leading industry players to enhance safety standards in India and globally. The growing engineering division mirrors our commitment to fostering local talent and addressing global needs, making ZF LIFETEC a vital hub for future-ready safety solutions for customers in diverse sectors.”
UNI KNR BD
Please log in to get detailed story.
Tags: #ZF LIFETEC opens its new Global Capability Center in Hyderabad
More News

Technopark maintains ISO certifications for quality, environment, and safety management

07 Oct 2024 | 8:50 PM

Thiruvananthapuram, Oct 7 (UNI) In a significant achievement, Technopark reaffirms its adherence to globally recognised ISO standards.

see more..

JSW Ventures invests USD 1 8 mln in Aereo’s Series B to boost drone-driven AI solutions

07 Oct 2024 | 8:31 PM

New Delhi, Oct 7 (UNI) JSW Ventures, an early-stage institutional venture capital fund sponsored by the family office of the diversified conglomerate JSW Group, on Monday announced that it has invested USD 1.8 million in Aereo, an aerial intelligence platform, as part of its Series B funding round.

see more..

Amazon launches ambulance service for delivery associates

07 Oct 2024 | 7:37 PM

New Delhi, Oct 7 (UNI) Online retail major Amazon India on Monday launched ambulance services for delivery associates in partnership with Dial 4242.

see more..

Kottayam-Kochi Rubber Market rates

07 Oct 2024 | 6:47 PM

Kottayam, Oct 7 (UNI) Following were the Rubber Market rates announced by the Rubber Board here on Monday per quintal.

see more..

Hyd: ICFAI Director Sudhakar honoured with “Marketing Maverick 2024” award

07 Oct 2024 | 6:35 PM

Hyderabad, Oct 7 (UNI) ICFAI Group's Director of Branding & Communications, Sudhakar Rao, has been recognized as one of the “Marketing Mavericks 2024” by Dun & Bradstreet.

see more..
image