Ford Motors to re-enter Tamil Nadu5Foto© thehindu.com

Ford Motors to re-enter Tamil Nadu

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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.”

She further wrote that the decision follows multiple meetings with the Tamil Nadu government, including one earlier this week with Chief Minister M.K. Stalin as part of his visit to the United States.