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, a geopolitical rival that has dominated sales of electric vehicles.
Ford said on Friday that it had submitted a letter to the government of Tamil Nadu, a business-friendly southern Indian state known as the country’s Detroit, to repurpose its existing factory in the city of Chennai for exports.
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