Gujarat govt nods Tata Motors to acquire Ford's Sanand plant

31 May 2022 CW Team

The government of Gujarat has approved Tata Motors to take over Ford India’s passenger car plant in Sanand.

An official told the media that the state Cabinet had issued a no-objection certificate for the acquisition.

According to the official, Tata Motors would now continue to enjoy the incentives presented to Ford India.

Tata Motors might sign a Memorandum of Understanding (MoU) with Ford Motor Company after clearing the issues of the plant, including labour and financial matters.

Tata Group had been meeting Gujarat and Tamil Nadu state governments for a potential takeover of Ford India’s plants. The approval was after Ford announced its exit from India last year.

The Sanand plant consists of around 2,500 permanent workers, including about 900 union workers.

After passenger cars were discontinued in the plant, workers at the Sanand plant were engaged in manufacturing spare parts for Ford cars, besides engines.

The company has set an internal deadline for the car plant up to March 2022 for the manufacture of spare parts.

In 2021, Ford was in discussion with other companies like Ola and Mahindra for a manufacturing contract or the sale of both factories, but do not work out and resulted in a closure announcement.

Image Source

Also read: Tata Motors to boost EV production as demand increases

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..