ZF India, a subsidiary of the European driveline and chassis technology leader ZF Friedrichshafen AG, is accelerating digitalization and start-up projects through its new Innovation Hub in Hyderabad, which will be officially opened in April 2018.
The innovation hub is already active and partnered with the “Nasscom Center of Excellence – IoT (CoE IoT),” a start-up initiative of the national IT industry association Nasscom and MeitY (Ministry of Electronics and Information Technology).
ZF India has been operating in the Indian market, headquartering at Chakan, Pune for more than 60 years with a strong footprint of 21 manufacturing locations catering to the automotive and non-automotive segments including two wholly owned subsidiaries of ZF and six joint venture Partners of ZF and ZF TRW.
In addition, the company’s recently set-up first Technology Centre in Hyderabad will focus on development in electronics and embedded software.
As a result, ZF is able to network more broadly and closely with the Indian start-up scene. In turn, it benefits from easier access to the expertise of one of the largest automotive suppliers worldwide.
Mamatha Chamarthi, Chief Digital Officer at ZF Friedrichshafen AG, “When it comes to contributions to new, disruptive technologies and the development of IT solutions in and outside the mobility industry, India plays an important role.”
“With the new ZF Innovation Hub in the IT metropolis of Hyderabad, the recent partnership with CoE IoT NASSCOM as the country’s largest pioneer for deep tech start-ups and the first pitch event, we are underscoring our aspiration to shape digitalization worldwide, “Chamarthi added.
Sanjeev Malhotra, CEO of the Nasscom Center of Excellence – IoT, emphasizes: “I am delighted to have ZF as a high-tech partner for our initiative. Throughout India it brings together leading automotive industry expertise with pioneering companies and developments for the Internet of Things.”
An initial taste of upcoming activities of the new ZF Innovation Hub was provided on November 9 in the form of a pitch event in which 12 Indian start-ups took part. They presented their solutions for the topics of electrification and new mobility, big data and analytics, connectivity as well as well as artificial intelligence (AI).
Gayam Motor Works, LightMetrics, Merxius and Cyrrup were declared as the winners. They convinced with their ideas. Joint teams are now working hard on further developing these ideas.