Companies in the auto industry are looking to source innovative and the necessary technology and raw materials required to meet the ever increasing demand and we hope next year will allow us to attract investment for the same, says Suresh K V, Country Head, ZF in India. For year 2015-16, the market size could be around 750,000 automotive axles and allied components for M&HCV segment. About 85 per cent of production caters to domestic market and balance 15 per cent caters to exports market.
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