[India] - Ford prepares to make EVs at TN plant, seeking re-entry into Indian market

INSUBCONTINENT EXCLUSIVE:
Ford Motor Co
is discussing plans to manufacture electric vehicles at its southern India plant in Tamil Nadu
(Photo: Shutterstock)2 min read Last Updated : Oct 01 2024 | 2:16 PM ISTBy Menaka Doshi and Preeti Soni Ford Motor Co
market three years after announcing shutting its local factories.Click here to connect with us on WhatsApp Ford is yet to decide on what it
will manufacture in India, Tamil Nadu Industries Minister T.R.B
Rajaa said in an interview to Bloomberg TV
to Vietnamese automaker VinFast Auto Ltd
Ford announced plans to use its plant in Chennai for exports in mid-September after sending a letter of intent to the Tamil Nadu state
Earlier this year, the federal government lowered import taxes for foreign carmakers who pledged to invest $500 million in the country
people in global business operations in Tamil Nadu, a number expected to grow by as much as 3,000 jobs within the next three years,
according to a company statement last month.First Published: Oct 01 2024 | 2:16 PMIST