Tata Motors to buy Ford Gujarat plant for Rs 750 crore

The takeover of the Gujarat plant will offer much-needed capacity for Tata Motors, which has set its sights on crossing half a million annual sales this financial year, up from 370,400 in FY22. The company is currently operating at 85-90% capacity and to sustain this momentum it will need fresh capacity.

from Auto-Industry-Economic Times https://ift.tt/0u4Y8X1