Maruti also to join the party in Gujarat
FORD ARE LOOKING AT SETTING UP A manufacturing unit at an undecided location in Gujarat.
The company intends to invest about Rs 5,000 crore in this plant that could roll out three lakh cars per annum.
After their plant in Tamil Nadu, this will be the second one the company will be investing in.
Maruti Suzuki Ltd recently announced that they too would set up a plant in Gujarat.
Ford plan to introduce eight new products by the middle of the decade and the plant in Gujarat would go a long way in fulfi lling their requirements.
If Ford do fi nalise Gujarat, that State’s dreams of becoming an auto hub will get a big boost.