In an interesting turn of events, Ford has cancelled the agreement to sell its Chennai Plant, the deal for which was finalized with JSW Group for around US $100 million. (Source: Link)
In an interesting turn of events, Ford has cancelled the agreement to sell its Chennai Plant, the deal for which was finalized with JSW Group for around US $100 million. (Source: Link)
Do you think Ford is making a rethink about India operations? It does give a hint that they may plan something else, maybe on SKD plans. But they may have cancelled as JSW invested in MG India. But MG is also on a lookout for a factory to increase the products.