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Tata Motors signs MoU with Gujarat govt for acquisition of Ford's Sanand plant
short by Ridham Gambhir / on Monday, 30 May, 2022
Tata Motors has signed an MoU with the Gujarat government for the potential acquisition of Ford India's Sanand plant, it said in a regulatory filing. The agreement includes a transfer of Ford India's land, buildings, vehicle manufacturing plant, machinery and transfer of all eligible employees. As per a report, Tata Motors would pay $100-150 million for the plant.
read more at Moneycontrol