NEW DELHI, Aug 8: Tata Motors has inked a pact to acquire Ford India’s Sanand-based manufacturing plant for Rs 725.7 crore, as it aims to bolster its passenger vehicle production capacity. As part of the deal, Tata Motors will get the entire land and buildings, vehicle manufacturing plant along with machinery and equipment situated therein, the Mumbai-based auto major said in a statement. The deal also includes the transfer of all eligible employees, it added. Tata Motors said with its […]
The said acquisition includes entire land & buildings of Ford India, vehicle manufacturing plant and machinery & equipment situated therein, and eligible employees.