Tata Motors said on Monday it has signed a Memorandum of Understanding (MOU) with the Government of Gujarat for the potential acquisition of Ford India'
The deal would include the land and buildings, the vehicle manufacturing plant, machinery and equipment, and transfer of all eligible employees of the Sanand plant’s manufacturing operations.
NEW DELHI, May 30: Tata Motors on Monday said its subsidiary and Ford India have inked a pact with the Gujarat Government to acquire FIPL’s Sanand vehicle manufacturing plant. Tata Passenger Electric Mobility Ltd (TPEML) — a subsidiary of Tata Motors — and Ford India Pvt Ltd (FIPL) have today signed a memorandum of understanding (MOU) with the Gujarat Government for the potential acquisition of FIPL’s Sanand vehicle manufacturing facility, including land, buildings, vehicle manufacturing plant, machinery and equipment, Tata Motors […]
Tata Motors Inks Pact For Potential Acquisition Of Ford India's Plant In Gujarat's Sanand swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.