Ford India lays foundation for Rs. 5K crore plant at Sanand

By admin April 10, 2012 9:21 am IST

Ford India lays the foundation for its new US$1 billion manufacturing facility at Sanand. Scheduled to be completed in 2014, the integrated manufacturing facility will have the capacity to produce an additional 2,40,000 new Ford vehicles and 2,70,000 engines per year for Indian customers and for export markets. The unit is being set up at the 460-acre plant site with an investment of around  Rs. 5,000 crore.
Michael Boneham, President and MD, Ford India said, “With this new state-of-the-art Ford Integrated Manufacturing Facility for Sanand, we are committed to significantly increasing our manufacturing output and aggressively expanding our business in India. The vehicles and engines produced at Sanand with India-based, world-class suppliers and partners, will add greatly to the full range of exciting, safe and fuel-efficient vehicles available to Indian customers at tremendous value”.