Tamil Nadu CM MK Stalin holds talks with Ford Motor to renew partnership

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Tamil Nadu CM MK Stalin discussed reviving Ford's partnership with the state to produce vehicles for exports.

Ford’s Maraimalai Nagar facility in Chennai spread over 350 acres, had an annual production capacity of around 200,000 vehicles and 340,000 engines.

Ford ended production in India after struggling for over 20 years to make a profit, holding less than 2 per cent of the passenger vehicle market.

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Category: BusinessFinance

Markets: India

Topics: Ford Motor News Why did Ford Motor exit India Why did Ford Motor exit India in 2021? Tamil Nadu CM MK Stalin Tamil Nadu CM MK Stalin US trip Ford Motor India US-Tamil Nadu Ford India MK Stalin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 11:22:10 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22455761

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