Ford likely to manufacture EVs in Tamil Nadu: Report
Chennai: Ford Motor Co. is in talks to produce electric vehicles at its southern India plant in Tamil Nadu, which marks its potential return to the world’s third-largest car market three years after shutting down its local factories.

Tamil Nadu Industries Minister T.R.B. Rajaa, in an interview with Bloomberg TV, confirmed that Ford has not yet finalized what it plans to manufacture in India but suggested that electric vehicles are a possibility.
"If you go by trend, the investors that come into Tamil Nadu over the past few years have brought their EV lines," Rajaa was quoted as saying by Bloomberg. "They do know the ecosystem is ripe, and the discussions are also on those lines."
Ford is the latest automaker, joining the ranks of domestic and international companies such as Tata Motors Ltd. and Vietnam's VinFast Auto Ltd., to invest billions in Tamil Nadu for EV manufacturing.
In mid-September, in a letter of intent to the Tamil Nadu government, Ford expressed its intent to use its Chennai plant for export purposes.
This move aligns with India’s broader efforts to expand electric vehicle manufacturing in the country.
Earlier this year, the federal government reduced import taxes for foreign automakers willing to invest $500 million in India.
Tamil Nadu has positioned itself as a key hub for EV production in the nation.
Ford currently employs 12,000 people in its global business operations in Tamil Nadu, with plans to add as many as 3,000 more jobs over the next three years, according to a company statement released last month.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles

CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.

JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.

LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).

De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News

PM Modi urges Indians to go 'Vocal for Local' in festival shopping

Pakistan’s mineral show-and-tell: Sharif and Munir try to charm Trump

Rain predicted during Durga Puja days, Yellow warnings for all Tripura districts
Festive mode on high from ‘Maha Shasti’ day, Agartala city witness massive crowd
