Indian automotive industry poised to become the next China says ZF
German tier 1 major ZF has been a key supplier for commercial vehicle in India. But when it comes to the aftermarket passenger vehicle segment while it is a well-established name globally, in India it still has huge room for growth.
“In the past, the Indian passenger vehicle segment was dominated by really domestic models, and hence ZF had a small presence and that’s why we were lagging behind. But now there is a change in the vehicle parc as newer models are increasing their market share.