Ford To Invest Rs 1,300 Crore In Its Chennai Hub

Ford Motor Company has announced that it will develop a green and modern global technology and business center in Chennai, which will cater as a hub for mobility solutions, product development and business services for India and other markets around the globe.

The company plans to invest Rs 1,300 crore to further strengthen its connection with India and take the workforce count up to 12,000 employees in total. That will make the Chennai facility Ford’s second-largest center of employment globally, after Dearborn, Michigan, US. Ford say that its global technology and business center is expected to be completed by early 2019.

Bill Ford, Ford executive chairman, visited the Chennai hub and said, “India is not only a vibrant market for cars and new mobility ideas, it also is rich with talent, technical expertise and ingenuity. This new center will help us attract the best and brightest, and make Chennai a true hub of innovation for Ford around the world.” 

“This is an exciting day for Ford and Chennai, and it underscores the bright future we are creating together,” said Dave Schoch, president, Ford Asia Pacific. “We want to express our deepest gratitude to the Tamil Nadu government and Chief Minister J. Jayalalitha for working with Ford over many years to make this vision a reality.”

Ford reckons that the new center will house Ford’s second-largest IT organization outside its global headquarters. The company wants to work on emerging business models in mobility, analytics and connected vehicles.