Friday, September 13, 2024

Ford Motor takes a U-turn, to make in India and export

Ford Motor is set to re-enter the Indian market after a three-year hiatus. The company plans to repurpose its Chennai plant to manufacture cars for export, as part of its Ford+ growth plan. This move follows discussions with Tamil Nadu officials and aims to leverage local manufacturing expertise for global markets.

from Auto-Industry-Economic Times https://ift.tt/tQWDnfv

No comments:

Post a Comment

Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...