Tata Motors acquires Ford’s Sanand factory in Gujarat, India to expand production

Acquisition, divestment & Spinoff

Acquisition of Ford’s factory, which is situated close to Tata Motors’, will help the Indian automaker expand capacity of passenger and electric cars

Indian automaker Tata Motors’ subsidiary Tata Passenger Electric Mobility Ltd (TPEML) has signed a tripartite memorandum of understanding (MoU) with Ford India Pvt Ltd (FIPL) and the Government of Gujarat for acquiring the latter’s passenger vehicle manufacturing plant in Sanand, Gujarat, news publication Business Standard reported on 31 May 2022.

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