Tata Motors Is Ready For Expansion With Acquisition Of Ford’s Gujarat Plant
Tata Motors agrees to acquire the Ford Motors Co. plant based in Gujarat. According to Tata Motors’ statement, the Indian automaker will pay 7.26 billion rupees ($92 million) for the deal, which includes land, building, and a vehicle manufacturing plant in Sanand, Gujarat and its machinery and equipment. “With our manufacturing capacity nearing saturation, this…
Aman Goyal