StockWatch
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Auto Components & Equipments
Expansion7 Sept 2026, 03:04 pm

ZF Steering Gear Subsidiary Commences Electrical Division Production

AI Summary

DriveSys Systems Private Limited, a wholly owned subsidiary of ZF Steering Gear India Ltd, has successfully commenced commercial production at its Electrical Division on September 7, 2026. This new division, located in Ahilyanagar Industrial Area, Maharashtra, will manufacture Moulded Case Circuit Breakers (MCB/MCCB), Residential Current Circuit Breakers (RCB), and Electrical Coils. The installed capacities are 12,00,000 units per month for MCBs, 40,000 units per month for RCBs, and 1,50,000 units per month for Electrical Coils. This marks a significant expansion for the company's subsidiary into the electrical components sector.

Key Highlights

  • Subsidiary DriveSys Systems begins commercial production at Electrical Division.
  • New division to manufacture MCBs, RCBs, and Electrical Coils.
  • Significant monthly production capacities established for key products.
  • Marks expansion into the electrical components manufacturing sector.