A technology development centre of German auto parts major ZF established at a cost of ₹322 crore in Hyderabad will be inaugurated on June 1.
“A testimony for Hyderabad in the growing mobility space. ZF announces its expansion plan in Hyderabad with 3,000 employees and will be a big part of the Telangana Mobility Valley,” Industries and IT Minister K. T. Rama Rao tweeted on Thursday.
It will be ZF's largest facility among its 100 locations and 18 major development centres across the globe. The new facility coming up in Nanakramguda will be inaugurated on June 1, the Minister said, wrapping up his engagements in Davos where he led an official delegation to the World Economic Forum.
