Tata Motors to operationalize Ford's Sanand unit in Gujarat

08 Feb 2023 CW Team

According to the company's president of the passenger car division, Tata Motors plans to start up the Gujarat-based manufacturing facility it purchased from Ford over the next 12 to 18 months in order to increase its production capacity.

The automaker's affiliate completed the acquisition of Ford India's Sanand manufacturing facility earlier this month. Ford India Pvt Ltd's (FIPL) Sanand facility in Gujarat would be acquired by the business's unit Tata Passenger Electric Mobility Ltd (TPEML) for $7260 million, the company stated in August of last year.

Tata Motors had previously stated that the acquisition is timely and advantageous for all parties involved as its manufacturing capacity is approaching saturation. The Sanand factory can produce up to 0.42 million units annually from its current capacity of 0.3 million.

TPEML is in the process of making the necessary expenditures to modify the plant to accommodate the current and next vehicle platforms of the Mumbai-based manufacturer. The building is close to Tata Motors' current Sanand manufacturing location.

Shailesh Chandra, managing director of Tata Motors' passenger vehicle and electric vehicle division, stated during an analyst call that the business also has the ability to debottleneck capacities at its two current plants in Pune and Sanand by an extra 10-15%.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..