Ford plans comeback by restarting manufacturing plant in Tamil Nadu for global exports

Ford plans comeback by restarting manufacturing plant in Tamil Nadu for global exports

Automaker Ford, who is set to enter Indian market again, on Friday announced intention to repurpose its Chennai plant for manufacturing vehicles aimed at export markets as part of its Ford+ growth plan by submitting Letter of Intent to the Government of Tamil Nadu.The Chennai facility will be repurposed to concentrate on manufacturing for global … Read more

Ford eyeing a comeback? US car giant may re-enter India with a green twist

Ford eyeing a comeback? US car giant may re-enter India with a green twist

US carmaker Ford is considering re-entering the Indian market with a new strategy focused on electrics and sustainability. CEO Jim Farley and the global team at Ford’s headquarters are set to review a feasibility report regarding this potential re-entry. The company exited India in 2021 but is now preparing for the possibility of new investments … Read more