13.1 C
Delhi
Saturday, January 17, 2026

Ford Returns to Tamil Nadu with Rs 3,250 Crore Engine Plant Investment

Ford Announces Major Comeback to Tamil Nadu with Rs 3,250 Crore Investment

Ford Motor Company has confirmed its return to Tamil Nadu with a massive Rs 3,250 crore investment focused on next-generation powertrain manufacturing at its Chennai plant.

Key Investment Details

  • Investment: Rs 3,250 crore for new engine manufacturing
  • Job Creation: Over 600 direct jobs plus indirect employment
  • Focus: All-new, next-generation engine technology
  • Location: Ford’s existing Chennai plant

The announcement follows the letter of intent signed in September 2024 and represents a significant expansion of Ford’s manufacturing footprint in India. The memorandum of understanding signed with the Tamil Nadu government outlines strategic plans leveraging India’s manufacturing expertise as part of the Ford+ growth strategy.

Strengthening Ford’s Indian Operations

This new investment complements Ford’s existing engine manufacturing plant in India, which already produces and exports engines. The company currently employs approximately 12,000 people in its Global Business Operations in Tamil Nadu, demonstrating the state’s continued importance to Ford’s regional strategy.

“We are pleased to advance our plans and confirm the Chennai plant’s vital role in Ford’s manufacturing network,” said Jeff Marentic, president, International Markets Group, Ford Motor Company. “We are thankful to the government of Tamil Nadu for its continued support as we advance these plans. This decision reinforces our commitment to leveraging India’s manufacturing prowess for future products.”

Government Recognition

Tamil Nadu Industries Minister TRB Rajaa welcomed Ford’s decision, stating it validates the state’s business-friendly environment and manufacturing capabilities.

“Ford’s decision to commence manufacturing in Chennai will energise the resurgent automotive sector of Tamil Nadu and speaks volumes about the State’s robust manufacturing ecosystem, highly skilled workforce, and excellent investor facilitation under the leadership of our CM Thiru MK Stalin,” said Rajaa.

The engine lineup planned for Chennai production will feature cutting-edge technology, positioning Tamil Nadu as a key hub for advanced automotive manufacturing in India.

Latest

RIL Q3 Profit Rises 11% to ₹19,641 Crore, Beats Estimates

Reliance Industries posts strong Q3 results with profit up 10.9%, EBITDA growth of 16.7%, and robust performance across all business segments.

Budget 2026: Education Sector Demands Focus on Skills and Jobs

Industry and academia seek higher funding for skill development, NEP implementation, and tax incentives in the upcoming Union Budget to boost employability.

Wipro Declares Rs 6 Dividend as Q3 Profit Dips to Rs 3,119 Crore

Wipro announces Rs 6 per share interim dividend for FY25. Q3 net profit falls to Rs 3,119 crore, but order bookings surge 31% year-on-year.

IMF Upgrades India’s Growth Forecast to 6.7%, Hails Global Role

IMF raises India's FY24 growth forecast to 6.7%, calling it a key engine for the world economy. Get details on projections, drivers, and expert analysis.

The Hidden Human Cost of Aggressive Business Targets

Explore why management strategies focused solely on outcomes, like 10-minute deliveries, are causing burnout and are unsustainable for long-term business success.

Topics

Elon Musk Shares OpenAI President’s Files, Alleges Fraud Conspiracy

Elon Musk releases internal OpenAI documents, accusing leadership of a 'conspiracy to commit fraud' in an escalating legal and public feud.

Japan Investigates Elon Musk’s Grok AI, Warns Social Media Firms

Japan launches probe into Grok AI's data and content practices, issuing a compliance warning to all social media companies in a major regulatory move.

Trump Threatened Denmark with Tariffs Over Greenland Purchase Bid

Donald Trump reveals he considered tariffs and reduced protection to pressure Denmark into selling strategic Greenland, citing Russian and Chinese threats.

Putin Warns of ‘Catastrophic’ War in Calls with Israel, Iran Leaders

Russian President urges Netanyahu and Pezeshkian to de-escalate tensions, warning further conflict could lead to catastrophic violence across the Middle East.

RIL Q3 Profit Rises 11% to ₹19,641 Crore, Beats Estimates

Reliance Industries posts strong Q3 results with profit up 10.9%, EBITDA growth of 16.7%, and robust performance across all business segments.

Budget 2026: Education Sector Demands Focus on Skills and Jobs

Industry and academia seek higher funding for skill development, NEP implementation, and tax incentives in the upcoming Union Budget to boost employability.

Mumbai Voter Turnout Hits 32-Year High in Lok Sabha Elections

Mumbai recorded 55.38% voter turnout in 2024 Lok Sabha polls, its second-highest in 32 years. Analysis reveals what drove the surge and what it means for the city's civic engagement.

Indian Scientists Uncover Cell’s Life-or-Death Decision Mechanism

Breakthrough research reveals how cells choose survival or self-destruction under stress, opening new paths to treat cancer, heart attacks, and Alzheimer's.
spot_img

Related Articles

Popular Categories

spot_imgspot_img