Thursday, September 19, 2024  

ਖੇਤਰੀ

Stalin returns to Chennai with Rs 7,600 crore investment from US

September 14, 2024

Chennai, Sep 14

Tamil Nadu Chief Minister M. K. Stalin, who was on a 17-day US visit, returned to Chennai on Saturday morning after garnering investments totalling Rs 7,600 crore for the state.

Stalin was received by his cabinet colleagues, DMK leaders and officials at the airport.

He left for the US on August 17, accompanied by his wife Durga Stalin and a horde of officials.

During his visit, Stalin met the officials of the US automobile major, Ford in Chicago, and the company was all set to re-enter Tamil Nadu, three years after exiting from the state.

The company has submitted a Letter of Intent (LOI) to the State government, outlining its intention to utilise the existing plant.

Ford decided to shut down its engine and vehicle assembling plant in Chennai in 2022.

While announcing the company's intent to restart its operations in Tamil Nadu, Ford Motors' President Jim Farley said the company would add 2,500 to 3,000 team members in the next few years.

She said that with the company's engine manufacturing team in Sanand and customer and dealer support team, India would be Ford's second-largest employee base worldwide.

 

 

ਕੁਝ ਕਹਿਣਾ ਹੋ? ਆਪਣੀ ਰਾਏ ਪੋਸਟ ਕਰੋ