Wednesday, 27 July 2011

Ford likely to locate second car manufacturing plant in Gujarat



US carmaker Ford is likely to make an announcement on the setting up its second car manufacturing facility in Sanand taluka near here, official sources said on Tuesday. 

Ford India's proposed site is likely to be next to Tata Nano's plant in Sanand. The company currently has a manufacturing facility at Chennai. 

"Ford has been in discussion with the government to set up its second car manufacturing plant at an investment of nearly Rs 5,000 crore. It has decided on a 400 acres of land at Sanand for the facility," the state government officials told PTI.  The District Collector of Ahmedabad is in the process of earmarking 400 acres of land in Sanand, nearly 40 km from here, for Ford India, they said. 

In reply to a query on announcement of manufacturing facility in Gujarat, Ford India in a statement said, "As part of our plan to introduce eight new products by the middle of the decade, Ford is expanding its capacities at its existing facility in Tamil Nadu as well as exploring other options."  In August last year, Ford had announced to launch eight new models in India by 2015 in a bid to tap the burgeoning domestic car market. 

The introduction of the new vehicles would be part of the company's plan to bring more products from its global portfolio and other Asia Pacific and African markets. 

The company has already invested USD 500 million to expand production capacity to two lakh units annually at its Chennai facility. It also has an engine manufacturing plant with an installed annual production capacity of 2.5 lakh units.

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