Ford to build $195M global tech hub in India
The Chennai campus will eventually host 12,000 workers focused on mobility products and vehicle development for India and other global markets.
Ford has outlined plans to build a new technology center in Chennai, India.
The company expects to invest $195 million USD in the facility, which will eventually host 12,000 workers. The campus will serve as a global hub for vehicle development, mobility products and business services.
The Blue Oval last year vowed to triple exports from India, investing $1 billion USD in a new manufacturing facility in Gujarat. The plant complements an existing production facility near Chennai. Together, the factories are expected to be capable of producing nearly a half million vehicles annually.
Ford suggests the Chennai tech campus will become the company's second largest employment center behind Dearborn.
"India is not only a vibrant market for cars and new mobility ideas, it also is rich with talent, technical expertise and ingenuity," said Ford executive chairman Bill Ford. "This new center will help us attract the best and brightest, and make Chennai a true hub of innovation for Ford around the world."
The company will consolidate 9,000 existing workers in Chennai and hire an additional 3,000 employees over the next five years. The new 28-acre campus is expected to be operational by early 2019.