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New Delhi. American automobile company Ford is once again planning to establish its foothold in India. The company is considering restarting its export-oriented plant in the south Indian state of Tamil Nadu.
Recently Tamil Nadu Chief Minister M.K. A meeting between Stalin and Ford executives has further strengthened the possibility that Ford may re-enter the Indian market after almost three years.
CM met Ford officials
Tamil Nadu Chief Minister M.K. Stalin had met Ford officials during his recent US visit, during which talks were held on restarting the company’s plants in India. According to a Reuters report, Ford has also submitted a letter to the state government on this issue.
After the meeting, Chief Minister Stalin shared the information on social media platform ‘X’ (formerly Twitter) and wrote, “Had a very interesting discussion with the team of Ford Motors! “Possibilities of renewing Ford’s three-decade-old partnership with Tamil Nadu were considered, so that manufacturing could be restarted in Tamil Nadu.” He also shared some pictures with this post, in which he was meeting Ford officials.
Ford’s statement
Ford said in a statement that the company wants to re-use this plant to produce vehicles for global markets. However, the company has not yet given official information about the vehicles manufactured in this plant or other details. Earlier, Ford used to produce cars and engines in this plant, but after closing the business in India, this plant became inactive.
Will Ford launch cars in India?
After the talks between the Tamil Nadu government and Ford, discussions have intensified regarding Ford’s possible return to India. However, Stalin’s statement makes it clear that Ford will mainly produce vehicles for export. It is not yet clear whether Ford will launch any new vehicle in India or not.
There has been speculation in the automobile industry about Ford’s possible comeback for a long time, and there is talk that the company may re-enter the Indian market with its popular SUV Ford Endeavour. However, the final decision and official announcement on this is expected only in the future.
Tag: auto news
first published : September 15, 2024, 06:21 IST
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