Ford To Invest in Global Technology and Business Center in India

Dearborn, Michigan-based Ford Motor Co. said it will invest $195 million and create 3,000 jobs over the next five years for a new global technology and business center in Chennai, India. The site will feature 2.5 million square feet of floor space which will house engineers, IT, finance, accounting, data analytics and manufacturing engineering personnel. Ford said it will include a wide range of labs and testing facilities for complete vehicle and component testing.

The company has plans to consolidate its 9,000 existing employees across six India operations at the six-building, 28-acre campus. When complete in early 2019, the Chennai campus, with some 12,000 employees, will become Ford’s second-largest employment center after its  campus in Dearborn which is undergoing a 10-year renovation, reports the Detroit News.

“India is not only a vibrant market for cars and new mobility ideas, it also is rich with talent, technical expertise and ingenuity,” Bill Ford Jr., Executive Chairman at Ford, who was in India for the announcement, said.  “This new center will help us attract the best and brightest, and make Chennai a true hub of innovation for Ford around the world.”

William Clay Ford Jr.,

Ford makes small cars and engines in India, and exports them to other global countries.

 

Be Sociable, Share!
Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

0 comments

There are no comments yet...

Kick things off by filling out the form below.

Leave a Comment

*