Tata Motors to takeover Sanand plant; signs MoU with Ford and Gujarat govt

As part of the MoU, Tata Motors would take over land, plant building, machinery, and vehicle assembly from Ford India Pvt. Ltd., along with all workers working at the plant

Tata Motors' subsidiary Tata Passenger Electric Mobility Limited (TPEML) on Monday signed a tripartite memorandum of understanding (MoU) with Ford India Private Limited and the Government of Gujarat for takeover of Ford's passenger vehicle manufacturing plant at Sanand.

Signed between Gujarat government's Additional Chief Secretary (ACS) - Industries, Rajiv Kumar Gupta, Tata Passenger Electric Mobility Managing Director, Shailesh Chandra and Ford India Pvt. Ltd.'s Transformation Officer and Country Head, Balasundaram Radhakrishnan.

With this, Ford India's Sanand plant paves way for manufacturing of electric vehicles (EVs) by Tata Motors' subsidiary TPEML.

The chief minister's office (CMO) on Monday stated