Ford India announced the completion of its Chennai engine plant, increasing the engine production capacity by 36 percent to 340,000 annually.
The company said that this additional capacity will cover the demand for diesel vehicles and the exports which will inturn create employment opportunities. This new facility was completed in a short time span of 14 months and has a capacity which has increased the manufacturing of diesel engines by over 80,000 annually. This is going to help the company to grow quickly.
This Ford plant is the first in the world with single flexible production line manufacturing petrol and diesel engines and also running a flexible crank shaft production line manufacturing crank shafts. India will soon become a regional hub for low-displacement engine production. The company is currently building seven new plants across Asia Pacific and Africa.
Ford has recently launched a price slashed top variant (Titanium) of Fiesta Classic and has also dropped the ‘Fiesta’ tag from the car. The company would launch an facelifted Figo around Diwali and is working steedfast to get the most awaited EcoSport Compact SUV in India.
Source: Economic Times