Ford Motor Company is making a comeback in India, two years after halting operations. The American automaker has signed a letter of intent with the Tamil Nadu government to resume production at its Chennai plant, focusing on exporting vehicles to global markets rather than local sales. This strategic shift comes after years of struggling to ...
Ford is considering re-entering the Indian Market to produce cars for export, as indicated by Tamil Nadu’s chief minister. Three years after leaving India due to disappointing sales, Ford is revisiting discussions to renew its long-standing partnership with the state. This move has led to a slight increase in Ford’s stock price. Amid these developments, ...
Tamil Nadu Chief Minister MK Stalin recently met with Ford officials during his visit to the US to discuss the future of Ford’s closed plant in Maraimalai Nagar, near Chennai. This meeting is part of Stalin’s efforts to attract fresh investments to the state. Ford is considering a potential re-entry into the Indian Market, exploring ...
