Strategic Move for Global Exports
Ford is set to resume operations at its Chennai plant after a three-year hiatus, with a focus on manufacturing for export markets. This decision follows a meeting between Ford leaders and Tamil Nadu Chief Minister MK Stalin during his recent US tour. The company’s Letter of Intent underscores its commitment to using Tamil Nadu’s manufacturing strengths as part of its Ford+ growth strategy. This revival is expected to energize India’s automobile industry and create new opportunities in the region.
