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ZF Steering Gear (India)

ZF Steering Gear (India)

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About

Highlights

Performing rate for the company

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Profit & Loss ( Figures in Rs. Crores.)

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Historical Growths

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Major Shareholders

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Shareholders more than 1%

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Documents

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Overview

Incorporated in the year 1981, ZF Steering Gear (India) Ltd is involved in the production of Mechanical - worm & roller and integral hydraulic power steering gears in business and industrial collaboration with ZF Friedrichshafen AG Germany, the world's most comprehensive autonomous steering gears manufacturer. ZF INDIA is a homesteader in the construction and supply of Ball and Nut Integral Hydraulic Power & Worm and Roller Mechanical Steering System in India. Its plant is located at Village Vadu Budruk, Taluka- Shirur, 28 km away from Pune in Maharashtra, India. The company aims at broadening its merchandise station to satisfy the growing requirements of the automotive market and is enthusiastic to expand its horizons in its product lines. Their network consists of about 60 traders equally divided all over India, Nepal, Middle East, South Africa and Bangladesh to address all its customer’s needs. The company is listed on the Bombay and National Stock Exchange list.

 

MERGERS AND ACQUISITIONS

The company was formed as a joint venture of ZF Friedrichshafen AG.

The original collaborators of the company ZF Friedrichshafen AG Germany (ZFG) formed a joint venture with Robert Bosch GmbH(Bosch) and have established a separate company - ZF LENKSYSTEME GmbH (ZFLS) - which is jointly managed by ZF and Bosch and in which both these partners hold 50% stake each.

 

SERVICES

The company has an expansive range of products which they offer to their clients

  • Ball and Nut Integral Hydraulic Power Steering Gears for Heavy Commercial vehicles
  • Integral hydraulic Power Steering Gears for Medium and Light Commercial Vehicles
  • Power steering gears for SUV and off-road vehicles
  • Cast Iron Vane Pump
  • Aluminum Vane Pump
  • Oil reservoirs
  • Integrated Oil Tank
  • Steering columns
  • Drop arms
  • Intermediate shafts
  • Universal joints
  • Bevel gearboxes
  • Worm and roller mechanical Steering systems for Tractor and Light Commercial Vehicles and all accessories for the same
  • Power Rack and Pinion Steering system for Passenger Car
  • Mechanical Rack and Pinion Steering System for One Toner Passenger and Goods Carrier
  • Double Barrel Steering gear
  • Tractor Hydraulic power-assisted Steering gear

 The company is also in the business segment of Auto Component, Renewable Energy.

MILESTONES

2019- Initiated a production facility in Indore. 

In 2016 they started the production of Double Barrel Power Steering, Gear Pump, Radial Piston Pump, and then Valve Block in 2017, followed by the introduction of steering gear in 2018.

In 2014 ZF Steering Gear (India) Ltd introduced powered steering gear for tractors, inhouse manufacturing of rotor set, and development of rack and pinion for quadricycle. 

2007 and onwards they launched something new almost every year. In 2007, they introduced passenger car power steering.

During the year 1995, they received a quality certification ISO(9001), followed by another quality certification TS16949 in the year 2002 and one more ISO(14001) in the year 2004.

 

AWARDS AND RECOGNITIONS

The company received a lifetime achievement award conferred by the NRI chamber of commerce and agriculture.

ZF Steering Gear India Ltd received certification from Shri Narendra Modi for developing a solar power project.

ZF grabbed a trophy for winning the Economic Times leader challenge tour held in Singapore.

Standard corporation India limited recognized the efforts of team ZF and awarded them for the same in the year 2008-09.

They received an award for outstanding performance in ACT Foundation cluster 5.

 

ABOUT INVEST YADNYA

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Our website has information about 50 other IT Sector companies which give insight into the financials of the company. Companies include  3I Infotech, Aptech, Birlasoft, HCL Technologies, Infosys, NIIT, NIIT Technologies, Oracle Financial Services Software, Sonata Software, Take Solutions, Tanla Solutions, Wipro, Zen Technologies, Tech Mahindra.

 

Brands Of ZF Steering Gear (India)

Brands Of ZF Steering Gear (India)

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