MUMBAI: Ford Motor Co is investing 13bil rupees (RM813.04mil or US$195mil) over the next five years in a technology and business centre in the Indian city of Chennai to develop new products, design mobility solutions and provide business services.
Dearborn, Michigan-based Ford, which has already invested over US$2bil (RM8.35bil) in India till date, will hire 3,000 people and bring in 9,000 from other centres in the southern Indian city to staff the facility which will be operational by early 2019, the company said in a statement on Nov 8.