Make in India: Ford may invest Rs 5,000 crore in Chennai R&D centre

MUMBAI: US automobile giant Ford Motor Company has decided to invest another Rs 4,000 to Rs 5000 crore in an R&D centre in Chennai, after investing a billion dollar in a second plant in Sanand, Gujarat, said people familiar with the development.

With more than $2 billion investment in India, Ford currently employs over 14,000 people across its two plants in Sanand and Chennai, and some of its Global Services Business operations in Coimbatore and Gurgaon.