Ford Returns to Chennai with ₹3,250 Crore Engine Plant Investment
Global automaker Ford Motor Company is set to revive its Chennai operations four years after exiting India, announcing a massive ₹3,250 crore investment to manufacture next-generation engines at its Maraimalai Nagar plant.
Key Takeaways
- ₹3,250 crore investment in Chennai powertrain manufacturing
- Over 600 new jobs to be created
- Focus on “all-new, next-generation engines”
- Part of Ford’s global “Ford+ plan” strategy
Strategic Revival After 4-Year Hiatus
Ford has signed a Memorandum of Understanding with the Tamil Nadu government, building on a Letter of Intent to leverage India’s manufacturing expertise. The company will establish advanced powertrain manufacturing capabilities at its previously shut facility.
“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, in a press release.
“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.”
Tamil Nadu CM Hails Ford’s Return
Chief Minister M K Stalin welcomed Ford’s decision, emphasizing Tamil Nadu’s position as India’s automobile hub.
“Ford’s decision to choose India’s automobile capital for production of such futuristic engines is another testimony for Tamil Nadu’s industrial prowess and its indispensable position in the global manufacturing supply chain!,” he said in a social media post.
The revival marks a significant turnaround for Ford’s India operations and reinforces Chennai’s status as a key automotive manufacturing center.
