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Tata Motors to Acquire Ford India’s Sanand Plant

TPEML plans to reconfigure the plant to adapt to Tata Motors’ existing and future vehicle platforms.

The acquisition terms include the Sanand site’s entire land and buildings, the vehicle manufacturing plant with machinery and equipment, and transfer of all eligible FIPL employees at the Sanand manufacturing operations, which reports a capacity of 300,000 units per year, scalable to 420,000 units annually.

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