Ford Returns to India
Ford Motor Company is planning to reopen its manufacturing plant in Tamil Nadu, India, for export purposes, marking a potential re-entry into a market it exited three years ago. The company announced this development on Friday, stating that it has submitted a letter of intent to the Tamil Nadu government. This comes just two days after the state’s chief minister revealed ongoing discussions with Ford about restarting production for exports.
Ford Returns to India
Ford halted car production for domestic sales in India in 2021 after struggling to increase volumes and ceased exports in 2022, effectively exiting the world’s third-largest car market, which is dominated by Asian manufacturers.
Ford Returns to India
In a statement, Ford said the facility will be re-purposed to focus on producing vehicles for export to global markets. Specific details about the cars to be manufactured at the plant will be shared at a later date.
Ford Returns to India
Before its exit, Ford had been producing cars and engines at its Chennai plant in Tamil Nadu.
