BENGALURU, Sept 11 Reuters Ford Motor has held talks with India39;s southern state of Tamil Nadu to explore producing vehicles for exports, Tamil Nadu39;s chief minister M.K. Stalin said on Wednesday.
The U.S. automaker had stopped making cars in India three years ago after struggling to boost sales in a market dominated by Asian rivals.
Had a very engaging discussion with the team from Ford Motors. Explored the feasibility of renewing Ford39;s three decade partnership with Tamil Nadu, to again make in Tamil Nadu for the world, M.K. Stalin said in a post on X.
Ford continues to explore suitable alternatives for its plant in Chennai, the automaker said in a statement. Chennai is the capital of Tamil Nadu.
Ford, with two plants in India, had a less than 2 share of the Indian passenger vehicle market when it stopped production, having struggled for more than two decades to turn a profit.
The company said in 2022 it was exploring the possibility of using a plant in India as an export base for EV manufacturing.
The decision to stop production came after Ford and India39;s Mahindra Mahindra failed to finalise a joint venture partnership that would have allowed Ford to continue making cars at a lower cost.
Reporting by Chris Thomas in Bengaluru; Editing by Mrigank Dhaniwala
Source Reuters