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

Adani Urges India To Own Its Narrative At Whistling Woods International, Mumbai

Gautam Adani highlights the power of storytelling in shaping national identity and warns against letting…

46 mins ago

MLN Medical College To Host Prestigious Alumni CME & Orations 2025 Featuring Global Surgical Experts

MLN Medical College, Prayagraj, will host Alumni CME & Prestigious Orations 2025, featuring top surgeons…

3 hours ago

Salman Khan Pays Tribute To ‘Tiger 3’ Co-Star Varinder Singh Ghuman Following Sudden Death

Salman Khan mourns the death of actor and bodybuilder Varinder Singh Ghuman, co-star from Tiger…

3 hours ago

Explosions Reported In Kabul; Taliban Urges Calm As Probe Underway On Afghan Minister’s India Visit

Explosions near Kabul airport prompt a Taliban probe as Afghan Foreign Minister Amir Khan Muttaqi…

4 hours ago

Machado Bags Nobel Peace Prize 2025; Trump’s Wait For The Coveted Honour Continues

Venezuelan leader Maria Corina Machado wins the 2025 Nobel Peace Prize for her fight for…

6 hours ago

AIIA Strengthens Insurance And Research Integration To Boost Ayush Sector

AIIA fosters partnerships and policy initiatives to enhance Ayush insurance coverage and advance research in…

6 hours ago