Ford announces 500 mln usd investment to expand India operations |
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Published
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Tue, 08 Jan 2008 08:29
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CHENNAI, India (Thomson Financial) - Ford Motor Co has announced it plans to invest 500 mln to expand its India operations.The investment will fund the expansion of Ford India's current manufacturing facility in Chennai -- due to begin production of a new small car within the next two years -- and the construction of a fully integrated and flexible engine manufacturing, plant to be operational by 2010.tf.TFN-Europe_newsdesk@thomson.comhjp/ajbCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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