Chennai: Ford wants to complete Indian manufacturing operations and can receive calls in Maraimaagar and Sanand factories later this year.
Towards this, American car makers have spoken with various car companies for contracting and / or sales of Indian factories, the latest with Ola, which can use Ford factories to build electric cars.
A spokesman Ola declined to comment, while Ford spokesman India was called speculative: “We don’t want to comment on speculation.
We continue to assess our capital allocation in India and hope to have answers in the second half of this year,” Ford spokesman India said 400000 units per Years on Maraimalaagar and Sanand, “said a source.
After talks with M & M fell, in January, Ford initiated the process again to identify partners including MG, Changan and the Great Wall despite initial interest, but dropped their Indian plans (for the moment This) because of Geo-Political tension at the Indo-Chinese border.
Passenger vehicle markets shrink sharply leaving M of the anufacturing capacity used, in all producers.
“Uncertainty in the prospect of long-term growth from the automotive industry has resulted in serious challenges for Ford, including capacity utilization , “Other sources said.
Ford can make cars and machines cross both The factory, one in Chennai and the others in Sanand, Gujarat.
The Chennai plant can make two lakh cars and 3.50 lakh engines, while Sanand facilities can produce 2.4 lakh cars and assemble 2.7 lakh engines.
Carmakers who struggle to sell less than 2,800 cars in June.
Ford wants to immediately wrap Indian factory operations
