New Delhi: After exiting three years ago, Ford Motor plans to restart a manufacturing plant for exports in Tamil Nadu, India, the company said on Friday.
Ford said it has submitted a letter of intent to the state’s government, two days after Tamil Nadu’s chief minister said that the two were in talks to restart manufacturing in the state for exports, according to Reuters.
Ford stopped producing cars in India for domestic sale in 2021 after struggling to boost volumes and pulled the plug on exports in 2022, effectively exiting the world’s third-largest car market, which is dominated by Asian rivals.
“The move will see the facility re-purposed to focus on manufacturing for export to global markets,” Ford said in a statement.
Mumbai: There’s good news for those who missed ‘Bhool Bhulaiyaa 3’ in theatres but want to…
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Wednesday launched 1,542 Multipurpose Primary Agriculture Cooperatives…
Panjim: Christmas turned tragic for a family from Maharashtra as a 54-year-man died after a tourist…
Bhubaneswar: At least seven districts of Odisha are likely to experience zone or two intense…
Mumbai: It was a fun-filled and loved-up Christmas for Kriti Sanon. The Bollywood actress took…
Bhubaneswar: The Union Government has released the 15th Finance Commission Grants for the financial year…
This website uses cookies.