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Ford Plans $370M Engine Investment in India Amid Shifting Auto Strategy

Ford Plans $370M Engine Investment in India Amid Shifting Auto Strategy

Author:

Global Cryptocurrency

Published:

2025-10-31 20:55:02

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BTCCSquare news:

Ford Motor Company (NYSE:F) shares edged higher Friday after announcing a $370 million investment to revive engine production in Tamil Nadu, India. The Maraimalai Nagar facility aims to produce over 200,000 engines annually, though their destination remains unspecified. This marks a reversal from Ford's 2020 exit from Indian manufacturing under CEO Jim Farley.

The MOVE comes four years after shuttering an Indian engine parts plant and abandoning a potential partnership with Mahindra & Mahindra Ltd. Ford had previously deemed India a 'marginal' market comparable to Brazil. Investors responded cautiously to the strategic pivot, which coincides with ongoing restructuring of Ford's global operations.

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