Zf Lifetec Announces New GCC in Hyderabad

Update: 2024-09-12 15:18 GMT
IT minister D. Sridhar Babu along with Rudolf Stark, executive vice president, ZF LIFETEC inaugurating the ZF LIFETEC Global Capability Centre in India. (DC Image)

Hyderabad: Cementing Telangana’s position as a global technology and innovation hub, IT and industries minister D. Sridhar Babu on Thursday inaugurated ZF Lifetec’s Global Capability Centre (GCC) in Hyderabad. The GCC, located at Office 1 Centaurs in Gachibowli, spans 30,000 sqft and will focus on the engineering of advanced safety products such as airbags, seat belts, steering wheels, and electronics.

The facility is set to initially accommodate 200 employees, with plans to expand its headcount to over 500 within the next 3 to 5 years. This expansion reflects ZF Lifetec’s commitment to both local and global markets, enhancing its production and R&D capabilities while fostering a culture of innovation and collaboration.

“We are focused on creating an environment that drives innovation, attracts global investment, and creates high-value jobs. ZF Lifetec’s new GCC in Hyderabad is a major milestone in our goal to make Telangana a global leader in technology and manufacturing. With over 200 GCCs, Telangana is a hub of global collaboration and creativity. This facility highlights the partnership between government and industry,” said Sridhar Babu.

“The inauguration strengthens our global development footprint. Customer proximity is vital for our growth, and India is a rising market. We can serve global engineering needs out of India very quickly and competitively,” said Rudolf Stark, executive vice president, of ZF LIFETEC.

“This centre will serve as a beacon for innovation, driving advancements in safety standards and delivering significant value to our customers worldwide,” said RavikumarTirumukulu, executive director,

ZF Lifetec is a global leader in automotive safety with €4.5 billion in sales and 45,243 employees. Its R&D network is in 32 locations across 15 countries.

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