ZF Steering Gear (India)

ZF Steering Gear (India) Limited is primarily engaged in producing and assembling steering systems for a range of vehicles, including buses and tractors. The company's guiding mission is to establish itself as a market leader by providing state-of-the-art technology for steering gear systems. It places top priority on ensuring customer satisfaction through the best quality products, which provide both comfort and safety in driving. Beyond its core automotive business, the company also operates in the renewable energy sector, generating electricity from solar and windmill projects. A key part of its strategy involves an expansion plan for backward integration, focusing on manufacturing key components for its steering systems in-house. This strategy is bolstered by strong financial results, with its profit after tax soaring by 88% to ?47.72 crore in the 2023-24 fiscal year.;