Tata Motors To Buy Ford India's Manufacturing Plant For Rs. 725.70 Crore.
Tata Motors Ltd signed an agreement on Sunday to buy Ford Motor's manufacturing plant in the western state of Gujarat for 7.26 billion rupees ($91.5 million).
The agreement between the Indian automaker's subsidiary Tata Passenger Electric Mobility Ltd (TPEML) and Ford India Pvt Ltd (FIPL) covers land, assets and all eligible employees.
"With our manufacturing capacity nearing saturation, this acquisition is timely and a win-win for all stakeholders," Tata Motors said in a statement.
The Jaguar Land Rover parent said the acquisition of the Sanand plant will unlock a manufacturing capacity of 300,000 units per year that could increase to 420,000.
Ford had less than 2% of the Indian passenger vehicle market when it stopped production in the country last year, having struggled for more than two decades to generate profits.
Related News
Latest Cars
Upcoming Cars
Latest News
Jafar Rizvi | Mar 2, 2026Yamaha XSR 155 Prices Hiked; New Colour IntroducedPrices for the XSR 155 now range between Rs 1.50 lakh and Rs 1.59 lakh (ex-showroom).1 min read
Jaiveer Mehra | Mar 2, 2026Auto Sales February 2026: Tata Retains Second Place Ahead Of Mahindra; Maruti Sales FlatHyundai and Kia reported their best ever wholesales numbers for February, while Toyota and Mahindra also reported sales growth.1 min read
Jafar Rizvi | Mar 2, 2026New Mercedes-Benz V-Class Launched In India At Rs 1.40 CroreThe luxury MPV makes a return to the Indian market after being discontinued in 2022.3 mins read
Jaiveer Mehra | Mar 1, 2026Mahindra XEV 9e Cineluxe Edition Launched At Rs 29.35 LakhNew special edition of the 9e electric SUV is based on the fully-loaded 9e Pack 3 but costs about Rs 1.15 lakh less.2 mins read
Jaiveer Mehra | Mar 1, 2026New Mercedes-Benz V-Class Makes India Debut; Launch TomorrowUnlike the previous diesel-only V-class, the latest model will be offered with petrol and diesel engine options.1 min read
car&bike Team | Feb 28, 2026Zero-Dep Cover: The Renewal Add-on That Ensures You Don’t Pay for Parts1 min read
Bilal Firfiray | Feb 28, 2026Tata Punch EV Facelift Review: More Range, More Sense, Less MoneyThe Tata Punch EV facelift gets a bigger 40 kWh battery, faster 60 kW DC charging, improved thermal management, and better real-world range, and all of that at a lower introductory price. But does it become a more complete package now?6 mins read
Preetam Bora | Feb 24, 2026Hero Destini 110 Review: Simplicity, RefinedThe Hero Destini 110 is a no-nonsense commuter that is simple, comfortable and above all, fuel efficient. In 2026, when buyers are spoilt for choice, is it good enough to consider?1 min read
Preetam Bora | Feb 23, 2026TVS Apache RTX Road Test Review: Redefining the Entry-Level ADVAfter spending some time with the TVS Apache RTX in traffic, the daily commute, as well as on open highways, one thing becomes clear: the RTX is trying to redefine the entry-level ADV segment. But is it without fault?1 min read
Girish Karkera | Feb 20, 2026Road Test: 2025 VinFast VF7 AWD Sky InfinityFlagship all-electric SUV from the Vietnamese car maker gets most of the basics right.1 min read
Jaiveer Mehra | Feb 18, 2026New BMW X3 30 Vs Mercedes-Benz GLC 300: Midsize Luxury SUV FaceoffWith the new X3 30, BMW has a direct competitor to the petrol GLC 300, but which is the luxury SUV for you?1 min read