Ford Motors to re-enter Tamil Nadu

Three years after exiting Tamil Nadu, Ford Motors has now expressed interest to restart manufacturing at its Chennai plant. The company has submitted a Letter of Intent (LOI) to the State government, outlining its intention to utilise the plant.

Kay Hart, President, International Markets Group, Ford Motor Company, in a LinkedIn post, wrote: “I am pleased to share that today we are announcing that we have submitted a Letter of Intent (LOI) to the Government of Tamil Nadu in India, outlining Ford’s intention to utilize our Chennai plant for manufacturing for export.”

Source: The Hindu