Ford to set up first powertrain facility outside US at Maraimalainagar factory

Core Insights - Ford is reviving its Maraimalainagar factory near Chennai by establishing its first powertrain facility outside the US, with an investment of ₹3,250 crore [1][3] - The new facility will be 100% export-oriented and is expected to start production of a high-tech engine in 2029, creating approximately 600 jobs [3][8] - The revival of the plant follows a detailed strategic planning process and a memorandum of understanding (MoU) signed with the Tamil Nadu government [4][7] Investment and Employment - The investment of ₹3,250 crore will support the establishment of the powertrain facility, which is part of Ford's broader manufacturing strategy in India [1][3] - The facility is expected to employ around 600 individuals, contributing to the local economy [3] Strategic Importance - The new powertrain facility complements Ford's existing engine manufacturing operations in India, reinforcing the country's role in Ford's global manufacturing network [8] - The decision to commence manufacturing in Chennai is anticipated to energize the automotive sector in Tamil Nadu, where Ford currently employs about 12,000 people in its Global Business Operations [9]