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Automotive Product Finder Magazine | Tamil Nadu wants Tata Motors to takeover Ford plant

Tamil Nadu wants Tata Motors to takeover Ford plant

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News  /   December

Tamil Nadu

The Tamil Nadu government is pushing home-grown Tata Motors to consider taking over the sprawling Maraimalai Nagar plant owned by Ford India, which has announced its plans to exit the country. The state government, which wants to save the jobs of thousands of people within the Ford plant and outside, is acting as an interlocutor between Tata Motors and Ford India, according to a Deccan Herald report.

While Tata Motors, according to the sources, is keen on taking over the Sanand plant in Gujarat due to its proximity to its manufacturing unit, the Indian automobile major has not yet decided on the Maraimalai Nagar plant located just outside Chennai.

A high-level delegation led by Tata Motors’ Managing Director Girish Wagh met Chief Minister MK Stalin at the Secretariat and held discussions on the company’s future plans in the state. The delegation was also closeted with officials from the Guidance Bureau during which several issues, including Ford's exit, came up for discussion.

The sources said that Tata Motors is evaluating the possibility of taking over the plant and how it can be used. They also said a high-level delegation of Tata Motors has visited the sprawling facilities owned by Ford India in Maraimalai Nagar on the outskirts of Chennai and in Sanand in Gujarat, as part of the negotiations between the two firms.

Tata Motors has touched base with the US-based auto giant for talks on the sale of its two plants in Tamil Nadu and Gujarat. Both the companies had then said they were not willing to comment on the issue. Ford India had on September 9 announced its plans to exit India operations by closing its plants. However, the company will continue to cater to the Indian market through exports.

Source: Deccan Herald

Also Read:

https://www.automotiveproductsfinder.com/news/mg-motor-to-export-cars-from-gujarat-plant/135150

https://www.automotiveproductsfinder.com/news/tuv-sud-to-launch-new-testing-lab-in-india/135151

 

 

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  • Tamil Nadu
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