Ford will revive the plant in Tamil Nadu;
discussions are going on, and there could be some delay due to the new
administration working on various tariff-related issues, sources said
dismissing reports that the American car manufacturer has shelved the project
to revive the manufacturing plant at Maraimalai Nagar near Chennai.
“Ford
is finalising their plans and we are discussing with them. No cause of
concern,” the source said.
In September 2024, the US carmaker announced its
intention to resume manufacturing at its Chennai plant, two years after halting
production in India after a three-decade-long presence in the country.
It submitted a Letter of Intent (LoI) to the
Tamil Nadu government, confirming its plan to utilise the facility for
export-oriented manufacturing. The
announcement was after a meeting between the Ford leadership and the Tamil Nadu
Chief Minister during his recent visit last year.
However,
media reports recently said the car manufacturer had put on hold its plans to
restart the Chennai plant.