Ford Motor Company on Friday confirmed that its Chennai plant will produce all-new next-generation engines, marking the start of a new phase for the company’s operations in India.The announcement follows a memorandum of understanding (MoU) signed between Ford and the Government of Tamil Nadu, formalising plans first outlined in a letter of intent in September 2024. The development forms part of Ford’s global Ford+ plan and strengthens India’s position in the company’s manufacturing network. Advt New inve ...