BusinessPhoto: Business StandardZF Expects India Sourcing to Grow 10-15% Annually Over Next 3-4 Years
ZF Group anticipates its sourcing from India to increase by 10-15% annually over the next three to four years, driven by cost advantages and quality from Indian suppliers. The company has already seen a 20% rise in sourcing from India over the past three years. Current annual sourcing is about 600 million euros for commercial vehicles, 500-600 million euros for passenger vehicles, and 150 million euros for industrial technology.
Business Standard·


