08-25-2022, 08:07 AM
![[Image: c19fc6260afc5101b3bcff7cb1282ab2.jpg]](https://www.img.in.th/images/c19fc6260afc5101b3bcff7cb1282ab2.jpg)
Tata Motors buys Rs 7.26 billion in the Ford In aแอเรีย789short time with the system of the lion website 168SLOTXO that increases the opportunity for everyone Have equal rights to win big prizes and jackpot slots. Play slots in a few easy steps The fun online game is served with a modern slot system.automobile plant in India after years of struggling to sustain the business.
On August 9, 2022, the BBC reported that Indian automaker Tata Motors has agreed to purchase a Ford car factory in Gujarat. West India with a value of 7.26 billion rupees ($91.5 million) or 3.2 billion baht.
The deal comes as Tata Motors continues to ramp up production of vehicles to meet market demand. which this agreement It takes place between Tata Motors' electric vehicle company and Ford's India business. and is an agreement that covers land, machinery and all “full-time employees”
Ford has stopped making cars in India since 2021 after more than two decades of trying to turn a profit in the country.
“With production capacity nearing saturation Therefore, this acquisition was a timely and cost-effective deal for both parties. for all stakeholders,” Tata Motors said in a statement.
along with information that Initially, the annual production at the Sanand plant would bring about 300,000 new vehicles a year, which could then increase to 420,000 vehicles.
Steve Armstrong, Ford's transition officer, said: This announcement marks a significant step in Ford's efforts to restructure its business in India.
In September of last year Ford has announced that it may close a car plant in India. It was part of a move at an estimated $2 billion company that at the time Ford said some 4,000 workers would be affected by the decision.
Over the past 10 years, Ford's operations in India have lost more than $2 billion.
Meanwhile, the major restructuring of its operations in India is in complete contradiction to the company's previous ambitions. Ford has been trying to make India one of its biggest markets.