मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
JSW may acquire Ford's shut factory in Chennai
Hindustan Times
|August 30, 2023
The plant may be used as a platform for the group's entry in the EV space
NEW DELHI: The Sajjan Jindalled JSW Group is in advanced talks to acquire the shuttered Chennai factory of Ford Motor Co. for its planned entry into electric-vehicle (EV) space, two people aware of the matter said.
"Talks started a couple of months earlier and are in an advanced stage now, and the company is speaking to both the state government and Ford," one of the persons said on condition of anonymity.
Spread over 350 acres, the Ford factory has an annual production capacity of around 200,000 vehicles and 340,000 engines. The plant has been shut since July 2022. The Tamil Nadu government is also keen that it finds a new owner who can restart production.
In September 2021, Ford decided to close its operations in India and wind down vehicle assembly, both in Sanand, Gujarat, and in Chennai, Tamil Nadu. While Tata Passenger Electric Mobility Ltd completed the acquisition of Sanand plant for 725.7 crore this January, the Chennai unit is yet to find a buyer.
यह कहानी Hindustan Times के August 30, 2023 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Hindustan Times से और कहानियाँ
Hindustan Times Delhi
Red Chillies opposes Wankhede's plea; latter rejects defence
In the latest development amid the ongoing defamation case filed by Sameer Wankhede, the makers of The B***ds of Bollywood told the Delhi High Court that his claim is \"wholly misconceived\" and \"devoid of merit\".
1 min
November 01, 2025
Hindustan Times Delhi
Juvenile conviction not bar for appointment in govt services, rules HC
The Allahabad high court has held that a conviction under the Juvenile Justice (JJ) Act cannot be considered grounds for disqualification from appointment in government services.
1 min
November 01, 2025
Hindustan Times Delhi
Former India goalkeeper, Munich Olympics bronze medallist, no more
Former Indian hockey goalkeeper Manuel Frederick, who was a member of the team that clinched the bronze medal at the 1972 Munich Olympics, died on Friday. He was 78.
1 min
November 01, 2025
Hindustan Times Delhi
GOVT LOOKS AT RAISING INCOME LIMITS ON FREE HEALTHCARE
The Delhi government is considering the proposal for increasing the income limit of families from the Economically Weaker Section (EWS) for free treatments in private hospitals, government officials told the Delhi High Court on Friday.
1 min
November 01, 2025
Hindustan Times Delhi
FBI director: 'Potential terrorist attack' thwarted
WASHINGTON: FBI director Kash Patel said on Friday that the agency had thwarted a \"potential terrorist attack\" planned in the northern state of Michigan over Halloween weekend.
1 min
November 01, 2025
Hindustan Times Delhi
Through the tears, Jemimah’s absolute class shines through
She's always been the lively supporting act but vs Australia, India discovered the full gamut of her talents
4 mins
November 01, 2025
Hindustan Times Delhi
{ A RECORD FOR CLASSICAL INDIAN ART } Mughal miniature sells for record ₹119.49 crore at Christie' 's auction
A miniature depicting a family of cheetahs relaxing on a patch of luxuriant grass in a rocky landscape, attributed to one of Akbar’s favourite artists, Basawan, has set the record for the most expensive classical Indian art at Christie's London auction on October 28.
1 min
November 01, 2025
Hindustan Times Delhi
SC questions ED probe into C’garh liquor case against Baghel’s son
The Supreme Court on Friday raised questions over the Enforcement Directorate investigation in the ₹2000-crore Chhattisgarh liquor case, saying the probe was being carried out without the mandatory sanction of the Magistrate required under the criminal procedure law.
2 mins
November 01, 2025
Hindustan Times Delhi
ECI: Cannot deregister party over caste rallies
{ IN AFFIDAVIT FILED WITH HC
1 min
November 01, 2025
Hindustan Times Delhi
UIDAI SETS UP PANEL TO REVIEW AADHAAR TECH
The Unique Identification Authority of India has formed a high-level expert panel to make Aadhaar technology future-ready, especially for scalability and resilience against evolving cybersecurity threats, according to an official statement released on Friday.
1 min
November 01, 2025
Translate
Change font size