Ford plans new global engineering and technology center in TN

Ford has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu under which, it will make a fresh investment dedicated towards future capacity expansion at the Chennai plant and establishing a new global engineering and technology center on a new 28 acre campus.

The new campus will also host operations of Ford Global Business Services in areas of IT, product engineering, finance and accounting, data analytics, manufacturing and business processes among others. The company claims that it will create thousands of new jobs on the campus.

Ford's Chennai plant is spread over 300 acres and has an installed annual capacity to produce 2,00,000 vehicles and 3,40,000 engines. The company's second manufacturing facility was inaugurated in March 2015. It is located in Sanand, Gujarat.

At present, Ford employs 14,000 people across its manufacturing operations and global business services in India.