Tata Motors purchased the former Ford Indian plant
- The Indian manufacturer Tata Motors (owner of the British brands Jaguar and Land Rover) owns its own brand in India, which markets passenger cars and utility vehicles, including heavy goods vehicles (Tata Motors is the largest producer of heavy goods vehicles of the region).
- Generally, Tata Motors produces about as many passenger cars as commercial vehicles, except that over the past two years, passenger car sales have grown significantly to account for 57% of Tata Motors' production in India in 2022, thanks to the success of its recent small SUVs Nexon and Punch. As a result, Tata Motors' factories reached saturation in 2022, with just over 900,000 vehicles produced in India for a production capacity set at 900,000 units per year. Given that Tata Motors expects further organic growth in 2023-2024, it has decided to buy Ford's Indian plant (located in Sanand), the American manufacturer having decided to withdraw from the Indian market two years ago. years. The Ford factory, which has a production capacity of 300,000 vehicles per year (this figure having been reached only once in 2017), will allow Tata Motors to rehire its staff and be able to produce 300,000 more vehicles from 2023-2024, or 1.2 million vehicles in total. This is both a good move for Tata Motors and Ford.
- The largest manufacturer in India remains Maruti-Suzuki which produced 1.9 million vehicles in 2022, ahead of Hyundai-Kia which produced just over 1.0 million units. Mahindra produced only 0.6 million vehicles last year.