US automaker Ford Motor is planning to commit about Rs32.5bn ($370m) to restart and retool its Maraimalai Nagar factory in Tamil Nadu, India. The facility, which the company closed four years ago, will manufacture high‑end engines for export markets, Bloomberg reported, citing unnamed sources. It is expected to have an annual output capacity of more than 200,000 engines. The engines will not be destined for the US; the specific export destinations were not disclosed. An announcement could come as early ...