CHENNAI: US automaker Ford Motor Company said it will restart manufacturing in Chennai and commission production of new engines by 2029, backed by a new investment of Rs 3,250 crore.
The announcement follows a memorandum of understanding (MoU) signed between Ford and the Tamil Nadu government on Friday.
The Chennai plant is expected to have a planned capacity of 235,000 engines annually, with production expected to start in 2029. The project is expected to create over 600 direct jobs.
“We are pleased to confirm the Chennai plant’s vital role in Ford’s manufacturing network,” Jeff Marentic, President, International Markets Group, Ford Motor Company, said in a statement.
The engine lineup planned for production in Chennai will feature all-new technology. Specific details about the engine type and export markets will be shared closer to the start of production.
“Ford’s decision to commence manufacturing in Chennai will further energize the resurgent automotive sector of Tamil Nadu,” said T.R.B. Rajaa, Industries Minister, Government of Tamil Nadu.
In September 2021, Ford announced its exit from vehicle manufacturing and sales in India, closing two factories — Maraimalai Nagar near Chennai and Sanand in Gujarat — affecting about 4,000 jobs and its nationwide dealership network.
While the company sold its Sanand car plant to Tata Motors, it was unable to find a buyer for the Chennai facility.
Last year, Ford announced plans to utilize the plant for export-oriented manufacturing.
The announcement follows a memorandum of understanding (MoU) signed between Ford and the Tamil Nadu government on Friday.
The Chennai plant is expected to have a planned capacity of 235,000 engines annually, with production expected to start in 2029. The project is expected to create over 600 direct jobs.
“We are pleased to confirm the Chennai plant’s vital role in Ford’s manufacturing network,” Jeff Marentic, President, International Markets Group, Ford Motor Company, said in a statement.
The engine lineup planned for production in Chennai will feature all-new technology. Specific details about the engine type and export markets will be shared closer to the start of production.
“Ford’s decision to commence manufacturing in Chennai will further energize the resurgent automotive sector of Tamil Nadu,” said T.R.B. Rajaa, Industries Minister, Government of Tamil Nadu.
In September 2021, Ford announced its exit from vehicle manufacturing and sales in India, closing two factories — Maraimalai Nagar near Chennai and Sanand in Gujarat — affecting about 4,000 jobs and its nationwide dealership network.
While the company sold its Sanand car plant to Tata Motors, it was unable to find a buyer for the Chennai facility.
Last year, Ford announced plans to utilize the plant for export-oriented manufacturing.
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