Ford to Revamp Chennai Plant for Vehicle Exports

Ford has announced plans to repurpose its Chennai manufacturing plant for vehicle exports. The company confirmed this intention in a Letter of Intent to the Tamil Nadu government, amidst discussions with the state's Chief Minister. The move aligns with Ford’s 'Ford+ growth plan' and aims to reinforce its commitment to India.

Ford announced on Friday that it will repurpose its Chennai manufacturing plant for vehicle exports. The automaker confirmed this in a Letter of Intent to the Tamil Nadu government, following discussions between Ford's leadership and Chief Minister MK Stalin during his visit to the United States.

Ford's decision aligns with the company's 'Ford+ growth plan' and underscores its ongoing commitment to India, noted Kay Hart, President of Ford International Markets Group. The strategic move will leverage Tamil Nadu's manufacturing expertise to serve new global markets.

Though further details about the manufacturing specifics are yet to be disclosed, the announcement reaffirms Ford’s commitment to India. Ford currently employs 12,000 individuals in Global Business Operations in Tamil Nadu, a number expected to grow significantly in the coming years.