The Gujarat government has cleared a proposal to allow Tata Motors to take over Ford India’s Sanand plant
The government’s clearance is the first step
It will make it easier for the two companies to negotiate and finalize a definitive agreement
A formal agreement will be signed in the presence of Gujarat Chief Minister Bhupendra Patel
Currently, Tata Motors, across three plants has a capacity of 480,000 units per annum
When they take over Sanand’s facility of Ford, they will get an additional capacity of 240,000 units per annum
