Ford to Restart its Manufacturing Plant in India
The company said that it had submitted a letter of intent to the state's government.
By : Varun Keval
Update:2024-09-13 15:56 IST
American multinational automobile manufacturer Ford Motor, which exited India three years ago, plans to restart its manufacturing plant located in Tamil Nadu.
The company said that it had submitted a letter of intent to the state's government.
This announcement assumes significance as Tamil Nadu CM Stalin said that his government is in talks with Ford to restart manufacturing for expot the state for exports.
Ford struggled with sales in India so it stopped manufacturing cars in India in 2021 and ceased exports in 2022.
Further details related to manufacturing will be announced soon, Ford said in a statement.
Ford’s manufacturing plant in Chennai, Tamil Nadu, used to produce cars and engines.