Ford has submitted a letter of intent (LOI) to the Tamil Nadu government to restart its manufacturing plant in Chennai, although only for exports

Ford Business Solutions, a subsidiary of Ford Motor Company, continues its IT activities and employs around 12,000 people in Tamil Nadu.

Ford Motor plans to restart a manufacturing plant for exports in the southern Indian state of Tamil Nadu, the company said on September 13, potentially re-entering a market it exited three years ago.

Ford Motor said on Friday it plans to restart manufacturing at its factory in the southern Indian state of Tamil Nadu, two years after it ended production in India, the world's third-largest car market.

Ford plans to reboot a mothballed manufacturing plant in India three years after the US automaker said it would stop building cars in the world’s most populous nation. The decision by Ford comes as India’s government seeks to attract billions of dollars of investment from international car manufacturers as they diversity supply chains way from China,

Ford today announced that it has submitted a Letter of Intent (LOI) to the Government of Tamil Nadu, confirming its intention to utilise the Chennai plant for manufacturing for export. The announcement follows a meeting between Ford leadership and the Honorable Chief Minister of the Government of Tamil Nadu as part of his visit to the United States.

Ford is making a comeback in India. They have submitted a Letter of Intent (LOI) to the Tamil Nadu government. This includes plans to restart manufacturing and also export their products.#ford #fordca

Ford Motor (NYSE:F) confirmed on Friday reports from earlier in the week that the automaker is interested in restarting manufacturing in India. The Detroit-based company said it submitted a letter of intent to the Government of Tamil Nadu,