InvestorQ : Is Tata Motors taking over the Ford Motor Plant in Sanand in Gujarat?
Khushi Patel made post

Is Tata Motors taking over the Ford Motor Plant in Sanand in Gujarat?

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Dhwani Mehta answered.
2 months ago
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As of now the news is not yet official and there are only reports indicating the same. The reports say that Tata Motors may have already secured clearance from the Gujarat government for its proposed takeover of Ford Motor Company’s passenger car manufacturing plant which is located at Sanand in Gujarat. This place is located nearly about 30 kilometres distance from the city of Ahmedabad.

With Ford consistently losing sales in India and being unable to compete with the more fleet footed players, Ford had already shut down its Sanand plant in April 2021. It has been lying shut for the last 1 year plus. As of date, a number of issues pertaining to deal size, labour issues, financials, duty benefits etc are yet to be fully sorted out and the sale can only happen after that. The deal is that the Tatas will also get all state benefits offered to Ford.

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