Utility

Report: Ford in Talks with Tata Group for Joint Venture, Eyes Comeback in India

Global automotive giant Ford Motor is reportedly gearing up for a comeback in India after a two-year absence, with plans to introduce multiple new products, including a compact SUV. According to a report by Hindu Businessline, the company may utilize its manufacturing facility in Chennai to produce hybrid and electric vehicles.

Ford has purportedly patented the design for the new SUV, which is currently not available in any global markets and is expected to compete in the segment dominated by the Hyundai Creta. In its comeback strategy, Ford is considering potential collaborations with local manufacturing partners, with discussions reportedly underway with the Tata Group for a potential joint venture. However, the details of such negotiations remain unverified by Business Today.

Also Read: Taylor Swift’s Sydney Concert Triumph Marred by Alleged Altercation Involving Father

The Chennai plant, with a production capacity of 200,000 vehicles and 340,000 engines annually, could play a pivotal role in Ford’s reentry into the Indian market. Under the leadership of CEO Jim Farley, Ford is strategically focused on the electrification and digital transformation of key segments, particularly in which it holds leadership positions, such as trucks, SUVs, commercial vehicles, and performance cars.

Naiteek Bhatt

Recent Posts

India’s Renewable Energy Output Soars 24% In H1 2025; Hits Record Share In Power Mix

India’s renewable power grew 24.4% in January-June 2025, marking the fastest growth in three years…

29 mins ago

White House Reaffirms Strong US-India Ties As Indo-Pacific Focus Grows

At a Monday press briefing, White House Press Secretary Karoline Leavitt highlighted India as a…

36 mins ago

India’s Pharma Exports Reach $5 Billion In April-May, Reports Pharmexcil

India’s pharma exports hit $5 billion in April-May FY26, with strong growth in formulations, vaccines,…

51 mins ago

GIFT City Emerges As Investment Magnet Despite Complex Rules For Family Offices

GIFT City is gradually carving out a reputation as a rising financial hub, attracting interest…

1 hour ago

Sri Lanka Becomes Latest South Asian Nation To Access Starlink Internet

Elon Musk’s satellite internet venture, Starlink, has officially commenced operations in Sri Lanka as of…

1 hour ago

INS Udaygiri Delivered To Indian Navy: Marks 100th Warship Designed By In-House Bureau

The Indian Navy received INS Udaygiri, an indigenously built stealth frigate, on Tuesday, from Mazagon…

4 hours ago