Tata Motors to operationalise Ford's Sanand unit in Gujarat in 12-18 months

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Tata Motors to operationalise Ford's Sanand unit in Gujarat in 12-18 months - Business Standard

Quick Summary:

Tata Motors is looking to commence operations at the Gujarat-based manufacturing plant it acquired from Ford, over the next 12-18 months to scale up its production capacity, according to its head of passenger vehicle business.

In August last year, the company had announced that its arm Tata Passenger Electric Mobility Ltd (TPEML) would acquire Ford India Pvt Ltd's (FIPL) Sanand plant, Gujarat for Rs 726 crore.

The automaker earlier this month completed the acquisition of Ford India's manufacturing plant at Sanand through a subsidiary.