EV Mechanica

Subscribe to EV Mechanica's Current Newsletter & never miss an update!

    Close Menu
      Facebook X (Twitter) Instagram
      EVMechanicaEVMechanica
      EVMechanicaEVMechanica
      • Home
      • News
        • E-Mobility
        • EV Battery
      • Charging Stations
      • Policy
      • Research
      • Interview
      • Jobs
      • Events
      • E-Mag
      • Subscription
      Facebook YouTube LinkedIn WhatsApp
      EVMechanicaEVMechanica
      Home » Ford’s Sanand Plant Acquired by Tata Motor’s EV Subsidiary

      Ford’s Sanand Plant Acquired by Tata Motor’s EV Subsidiary

      Aishwarya SaxenaBy Aishwarya SaxenaAugust 8, 2022 E-Mobility 3 Mins Read
      Share
      Facebook Twitter LinkedIn WhatsApp

      Indian automotive manufacturer, Tata Passenger Electric Mobility Ltd (TPEML), a Tata Motors subsidiary has recently acquired Ford India’s manufacturing plant situated at Sanand, Gujarat.

      manufacturing plantThe manufacturing plant was bought including entire land and buildings, along with machinery and equipment for a consideration of Rs 725.7 crore.

      “The agreement with FIPL signed today is beneficial to all stakeholders and reflects Tata Motors’ strong aspiration to further strengthen its market position in the passenger vehicles segment and to continue to build on its leadership position in the EV segment,” said Shailesh Chandra, managing director, Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility said.

      It will accelerate the growth and development of the Indian auto industry by taking a progressive step forward towards building a future-ready Atmanirbhar Bharat, he added.

      Steve Armstrong, Transformation Officer of Ford Motor Company said the announcement marks an important step forward in Ford’s ongoing business restructuring in India, which is part of our Ford+ plan for strategic transformation. “With the transfer of employment for eligible vehicle manufacturing employees included in the agreement, this milestone also highlights our best effort in caring for those impacted by the restructuring,” he said.

      The two companies signed a unit transfer agreement (UTA) for the same. As part of the agreement, all the eligible employees at the unit will be transferred to Tata Motors.

      Ford India will continue to operate its powertrain manufacturing facility by leasing back the land and buildings of the powertrain manufacturing plant from TPEML on mutually agreed terms. TPEML has agreed to offer employment to the eligible employees of FIPL’s Powertrain Manufacturing Plant in the event of FIPL’s cessation of such operations.

      The manufacturing plant offers 3,043 direct jobs and 20,000 indirect jobs.

      Ford India’s vehicle assembly plant is spread across 350 acres while the engine-manufacturing plant has 110 acres.

      The closure of the transaction will be subject to the receipt of relevant approvals from the government authorities and fulfillment of customary condition precedents.

      The government of Gujarat, TPEML and FIPL executed a tripartite MoU on 30th May 2022 to support all relevant approvals for the above transaction.

      With Tata Motors Passenger Vehicle’s manufacturing capacity nearing saturation, this acquisition is timely and a win-win for all stakeholders.

      It will unlock a state-of-the-art manufacturing capacity of 300,000 units per annum which is scalable to 420,000 units per annum, the company said in the statement.

      TPEML would make the necessary investments to reconfigure the plant to adapt to Tata Motors’ existing and future vehicle platforms.

      The unit is adjacent to the existing manufacturing facility of Tata Motors Passenger Vehicles Ltd at Sanand, which should help in a smooth transition.

      Ford India government of Gujarat manufacturing facility news Tata Motors Passenger Vehicles Ltd vehicle assembly plant
      Share. Facebook Twitter LinkedIn WhatsApp
      Aishwarya Saxena

      More article from Aishwarya Saxena

      Keep Reading

      States, Nonprofits Sue Feds Over Withheld EV Charger Funds

      Exicom Unveils Next-Gen DC Fast EV Charger

      All-Electric Nissan Micra Debuts—India Launch Uncertain

      Leave A Reply Cancel Reply

      5 × 4 =

      E-MOBILITY

      All-Electric Nissan Micra Debuts—India Launch Uncertain

      May 23, 2025

      Four-Door Dodge Charger EV Debuts With Surprises

      May 22, 2025

      Cadillac’s New Luxury EVs Attract Former Tesla Owners

      May 22, 2025

      Blue Energy’s Green Trucks Cross 50 Million KM Milestone

      May 22, 2025

      Articles

      How are solid-state Li-ion batteries democratizing clean mobility in the country

      Looking at the rising environmental concerns, the automotive sector has been undergoing a paradigm shift…

      The role of artificial intelligence in smart EVs and autonomous driving

      As India accelerates its transition toward a cleaner and more intelligent mobility ecosystem, two transformative…

      The Second Life of EV Batteries: Recycling and Repurposing Trends in 2025

      As the electric vehicle (EV) market expands quickly, the analysis of sustainability has moved from…

      © 2025 EVMechanica.com.
      • Home
      • About Us
      • Contact Us
      • Subscription

      Type above and press Enter to search. Press Esc to cancel.