Ford confirms manufacturing of next-generation engines at Chennai Plant

Core Insights - Ford Motor Company has confirmed that its Chennai plant will produce next-generation engines, marking a new phase in its operations in India [1][9] - The announcement follows a memorandum of understanding (MoU) with the Government of Tamil Nadu, formalizing plans initially outlined in September 2024 [2][9] - This development is part of Ford's global Ford+ plan and enhances India's role in the company's manufacturing network [2][9] Investment and Production Plans - The Chennai plant is set to have a production capacity of 235,000 engines annually, with production expected to commence in 2029 [3][9] - The project involves an estimated investment of ₹3,250 crore (approximately $392 million) and is projected to create over 600 direct jobs, along with indirect employment opportunities [3][9] Government Support and Industry Impact - Jeff Marentic, President of Ford's International Markets Group, expressed gratitude to the Government of Tamil Nadu for its support, emphasizing the importance of India's manufacturing expertise for future products [4][9] - TRB Rajaa, Industries Minister of Tamil Nadu, stated that Ford's return to manufacturing in Chennai will contribute to the growth of the state's automotive sector, marking a significant step towards the future of the industry [7][9] Continued Operations in India - Ford employs approximately 12,000 people in its Global Business Operations in Tamil Nadu and continues to serve customers through service centers, aftermarket parts supply, and warranty support [8][9]