Facebook Pixel Ford lines up ₹3,250-crore plan to restart Chennai plant | Financial Express Delhi - newspaper - Read this story on Magzter.com

Try GOLD - Free

Ford lines up ₹3,250-crore plan to restart Chennai plant

Financial Express Delhi

|

November 01, 2025

THE FORD MOTOR Company on Friday confirmed that it will commence powertrain manufacturing operations at its Maraimalai Nagar plant near Chennai with an initial investment of ₹3,250 crore, marking a significant step in its renewed engagement with India.

- NARAYANAN V

The plant will focus on producing next-generation engines and will have a planned annual capacity of 235,000 units. Production is expected to begin in 2029. The project is expected to create over 600 direct jobs in Tam

MORE STORIES FROM Financial Express Delhi

Financial Express Delhi

Pak airstrike kills 400 in Kabul rehab centre

MORE THAN 400 people were killed and 265 wounded in an airstrike by Pakistan on a drug rehabilitation centre in Kabul, a spokesman of the Afghan Taliban government said on Tuesday, a sharp escalation in the conflict between the neighbours.

time to read

1 mins

March 18, 2026

Financial Express Delhi

Sarvam, Mistral AI join Nvidia open AI coalition

NVIDIA HAS ANNOUNCED a global collaboration of AI developers and open model builders, bringing together companies, including Sarvam AI, to advance frontier open artificial intelligence models through shared research, data and computing resources.

time to read

1 min

March 18, 2026

Financial Express Delhi

More ministries may get power to block social media content

THE CENTRE MAY soon allow the ministries of home affairs, external affairs, defence, and information and broadcasting to issue content blocking orders to social media platforms under Section 69 (A) of the Information Technology (IT) Act, 2000, a power currently only available to the IT ministry.

time to read

2 mins

March 18, 2026

Financial Express Delhi

Panel seeks hike in ESIC wage ceiling

EXPEDITING REVISION

time to read

2 mins

March 18, 2026

Financial Express Delhi

Private credit is entering its musical chairs phase

EVERY FINANCIAL CRISIS has a moment—usually identified only in retrospect—when an obscure product intended to mitigate risk spreads through what author Rick Bookstaber called “tightly coupled” interconnections to cause widespread damage.

time to read

3 mins

March 18, 2026

Financial Express Delhi

Slowdown in affordable housing has not impacted Aadhar, says MD

DISMISSING CONCERNS OVER a slowdown in affordable housing, Aadhar Housing Finance Managing Director Rishi

time to read

2 mins

March 18, 2026

Financial Express Delhi

'Digital economy to account for 20% of GDP by 2030'

INDIA'S DIGITAL ECONOMY is projected to account for nearly 20% of the country's gross domestic product (GDP) by 2030, driven by a growth rate that is double that of the broader economy, a senior government official said on Tuesday.

time to read

1 min

March 18, 2026

Financial Express Delhi

Air India restores Boeing 777-300 ER

AIR INDIA HAS revived its last grounded Boeing 777-300ER, completing a major restoration programme on aircraft VT-ALL as the airline prepares to phase out its remaining Boeing 777-200LRaircraft.

time to read

1 min

March 18, 2026

Financial Express Delhi

Saudi rerouting 16 mn barrels of crude to India via Red Sea

SAUDI ARABIA HAS begun rerouting crude shipments to ndia via its Red Sea export hub at Yanbu as disruptions in the Strait of Hormuz

time to read

1 min

March 18, 2026

Financial Express Delhi

Domestic cooking gas production ramped up to secure supplies: FM

FINANCE MINISTER NIRMALA

time to read

1 mins

March 18, 2026

Listen

Translate

Share

-
+

Change font size