Tata finalises deal to purchase Ford’s Sanand plant
Tata Passenger Electric Mobility Limited (TPEML) — the newly constituted EV subsidiary of Tata Motors — and Ford India Private Limited (FIPL) have signed a Unit Transfer Agreement (UTA) which allows Tata Motors to acquire the latter’s manufacturing plant in Sanand, Gujarat. This comes almost a year after Ford announced its exit from India in […]
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