Ford Motor Company has announced its intention to repurpose its Chennai plant in Tamil Nadu, India, for export-focused manufacturing. The move aligns with Ford's global Ford+ growth strategy and demonstrates the company's ongoing commitment to India as a crucial market for its international operations. Kay Hart, President of Ford International...
Gujarat Leads Race to Manufacture Electric Vehicles in India
With the Government of India's initiative to put 1 million electric vehicles on the roads by 2019 , car and bike makers are preparing to manufacture electric and hybrid systems. The western state of Gujarat is set to become the electric vehicle hub of India. Ford Motor Co., which has...
Ford Partners India's Mahindra to Manufacture eCars
Since the Government of India's plans to move to an all-electric fleet by 2030, Michigan-based Ford Motor Company will collaborate with Mumbai, India-based Mahindra & Mahindra to explore joint development of products, especially electric and connected vehicles. The partnership, for an initial period of three years, will expand Ford’s reach in the...
Ford to Announce Major R&D Center in Chennai
The Ford Motor Company has decided to invest $620 million in an R&D center in Chennai according to the Economic Times of India "There's a tremendous engineering talent here, and we want to tap into that and grow our product development capability here methodically over a period of time," CEO...
India Serves as Low-Cost Innovation Platform for Ford Africa
Ford Motor Co., plans to use low-cost engineering it learned in India to develop compact models for other emerging markets, executives said, emulating a strategy used by Asian rivals that outsell it in the world's fifth-largest auto market, reports Reuters. Ford aims to expand market share from the current 3%...
Ford Motor Invests $1 Billion in Indian Auto Plant
Reuters reports that Ford Motor Company has inaugurated a heavily automated auto manufacturing plant at a cost of $1 billion in the western state of Gujarat to triple its exports from India. At the inauguration, Ford chief executive Mark Fields said, “India is very cost competitive, which is important particularly...