positive
Recently
Ford to invest USD 370 million in India engine manufacturing for export
No Image
Ford is investing USD 370 m into Indian engine manufacturing for global export, signalling supply-chain strategy shift.
Automaker Ford Motor Company plans to invest about USD 370 million in its Chennai, India plant to produce new engines for export, with capacity of over 235,000 units annually and creation of roughly 600 jobs. Production is expected to start in 2029. The move comes after Ford halted Indian car manufacturing in 2021 and signals renewed interest in India’s manufacturing ecosystem amid global supply-chain realignment.