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From Stalin to Sanand: Ford takeover by Tatas stokes 'speculation'

This comes at a time when even after three months since announcement of winding-up of operations, Ford India could not reach a settlement with unions regarding a severance package for 4,000 employees

Stalin
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Tata’s Girish Wagh with TN Chief Minister MK Stalin in Chennai, on Wednesday

Shine JacobVinay Umarji Chennai/Ahmedabad
Yet another round of meeting between Tata Motors and Tamil Nadu Chief Minister (CM) M K Stalin on Wednesday and a team of ‘visitors’ at Ford India manufacturing unit in Sanand on Sunday have raised speculations of a possible takeover of Ford units by Tata Group.

This comes at a time when even after three months since the announcement of the winding-up of operations, Ford India could not reach a settlement with the unions regarding a severance package for around 4,000 employees at both units.

A senior Ford India executive said the company’s priority is on preserving jobs and the