Chennai, India – A new Ford manufacturing assembly in Chennai, India is preparing for volume production of a new vehicle, following a US$500 million investment that will double its capacity and make it a strategic production hub for the automaker.
The plant was determined to be the ideal production source for a new car, yet to be announced, that will be produced for India and for export to other international markets.
“India’s long-term significance in our strategy for this region is readily evident with the completion of this new plant,” said John Parker, executive vice-president of Ford’s Asia Pacific and Africa division. “We’ve committed in total more than $950 million in recent years to make India one of Ford’s strategic production hubs. It’s a strategy built on creating great products whose appeal will reach beyond India’s borders, and it’s fully in line with our business objective to create volume-production centres of excellence in this region.”
The plant previously produced the Ford Ikon, Fiesta, Fusion and Endeavour solely for the Indian market. With the upcoming new car and the expansion of production capacity, the plant has a potential output of 200,000 vehicles annually.