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Ford set to revive its Chennai plant, invest Rs 3,250 crore to make new-age engines

American automaker Ford has said that it will invest Rs 3,250 crore in its Chennai plant to produce new-generation engines.
The automaker, which had exited the Indian market in 2021, has said that it has signed a memorandum of understanding (MoU) with the government of Tamil Nadu. The company has outlined its “strategic direction that leverages India’s manufacturing expertise as a part of the Ford+ plan”.
Following site preparation and investment in the project that will begin later this year, the Chennai plant will have a planned capacity of 2.35 lakh engines annually, with production expected in 2029, Ford has said in a statement.
“With an initial expected investment of Rs 3,250 crore, the project is expected to create more than 600 jobs, plus indirect jobs across the industry,” Ford has added.
“We are pleased to advance our plans and confirm the Chennai plant’s vital role in Ford’s manufacturing network,” Ford Motor Company President (International Markets Group) Jeff Marentic has said.
Ford has added that the engine line-up planned for production in Chennai will feature all-new technology. Specific details about the type of engine and export markets will be shared closer to the start of production, it has added.

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