Tata Motors acquisition of Gujarat Ford India unit complete - Finance Ppl

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Tata Motors completes its acquisition of Ford India plant unit in Sanand, Gujarat. Tata Motors in its filing with BSE reports that it has completed the acquisition of Ford' plant covering the land & building, Plant & equipment therein and transfer if Ford's eligible employees wef 10th January 2023.

This acquisition is expected to unlock an additional capacity building facility of upto 3 Lakhs unit/p.a