Business Standard

Gujarat cabinet nod for Tata Motors' takeover of Ford India's Sanand plant

Tata Motors to continue to enjoy incentives that were extended to Ford India


Photo: Bloomberg

Vinay UmarjiShally Seth Mohile Ahmedabad/Mumbai
The Gujarat government has given its green light to Tata Motors to take over Ford India’s passenger car plant in Sanand.

“The state Cabinet has issued a no-objection certificate for the purpose. It is now up to the companies to work out the nitty gritties,” a senior government official told Business Standard.

According to the official, Tata Motors would continue to enjoy the incentives that were extended to Ford India.

A source in Tata Motors also confirmed the nod from the Gujarat Cabinet. However, a Tata Motors spokesperson declined to comment.

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First Published: May 29 2022 | 4:29 PM IST

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