April 24, 2024 12:54 (IST)
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Tata Motors signs Definitive Agreement for the acquisition of Ford India’s Sanand plant

Tata Motors signs Definitive Agreement for the acquisition of Ford India’s Sanand plant

Mumbai: Tata Motors subsidiary Tata Passenger Electric Mobility Ltd (TPEML) and Ford India Pvt Ltd (FIPL) Sunday signed a Unit Transfer Agreement (UTA) for the acquisition of the latter's manufacturing plant situated at Sanand, Gujarat for Rs 725.7 crore, an official release said.

Ford considers to manufacture EVs in India

Ford considers to manufacture EVs in India

Gurugram/IBNS: American automobile giant Ford Motor Company is considering to manufacture electric vehicles (EVs) in India, this announcement came months after it ended selling and producing cars in the Indian subcontinent, Reuters reported.