Tata Motors to acquire Ford India's Sanand plant

09 Aug 2022 CW Team

Tata Motors has reportedly announced that its subsidiary, Tata Passenger Electric Mobility (TPEML), has inked a pact to acquire Ford India's Sanand-based manufacturing plant for Rs 7.26 billion. TPEML and Ford India have signed a Unit Transfer Agreement (UTA) for the acquisition of the Gujarat-based plant. As part of the deal, Tata Motors will acquire the entire land and the buildings, and the vehicle manufacturing plant along with machinery and equipment situated therein. The deal also includes a transfer of all eligible employees.

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Tata Motors to acquire Ford India's Sanand plant

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Tata Motors to acquire Ford India's Sanand plant

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Tata Motors to acquire Ford India's Sanand plant

XCMG to launch new electric products at Bauma 2022

Tata Motors to acquire Ford India's Sanand plant

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Opinion Poll

Question : Recently there was a report about BMC availing of the services of urban design consultants to make the city’s streets pedestrian friendly and aesthetic looking. Do you think that this is feasible?

Live Results :

Yes

No

Latest updates

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Question : Recently there was a report about BMC availing of the services of urban design consultants to make the city’s streets pedestrian friendly and aesthetic looking.
Do you think that this is feasible?