Few weeks back we brought you the news of Ford India Signing a MOU with state Govt. of Gujarat for development of Ford Plant in Sanand Gujarat with an investment of 1 Billion USD. Today, as a new development, Ford India has started the development of its plant at Sanand Gujarat. The new manufacturing facility will create 5,000 jobs, and will be able to initially produce 240,000 vehicles and 270,000 engines per year. The first vehicles and engines are scheduled to come off the line in 2014.
On this special occasion,Michael Boneham, president and managing director, Ford India quoted:
“With this groundbreaking, Ford is planting the seeds for a prosperous future in Sanand for our future employees, suppliers, dealers and customers. As good corporate citizens we will be first-rate stewards of this land and active participants in this community. Today is another milestone and reinforces our commitment to aggressively grow the Ford brand in India and offer a full range of exciting, fuel-efficient vehicles to Indian customers.”
Joining Boneham during the traditional Indian ritual ceremony was Kumar Galhotra, vice president, Product Development, Ford Asia Pacific and Africa, along with several other Ford executives and high-ranking Gujarat government officials.
The new engine plant represents one of several new investments that Ford has made to support its aggressive expansion plan in India and throughout the globe. Earlier this year, Ford announced an investment of USD 72 million by 2012 to expand its already operating powertrain facility in Chennai. Ford’s total investment in India to date is approximately USD 2 billion.
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