Signs MoU with the State in the presence of Narendra Modi
After Tata Motors, American multi-nation company Ford Motors will set up a car manufacturing unit at Sanand near here at a cost of about Rs.4,000 crore.
To be set up on 460 acres next to the Tatas' Nano plant, the Ford unit, the second in the country after its Chennai plant, will initially have the capacity to roll out 2.40 lakh cars and 2.70 lakh engines annually and is expected to create about 5,000 jobs.