Ford To Invest $195 Million Into Indian Tech Center

Ford has announced it will invest $195 million into a global technology

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by Brad Anderson

November 10, 2016 at 11:10

Ford has announced it will invest $195 million into a global technology and business center located in Chennai, India.

The automaker confirmed that this center will serve as the base for mobility services and product development for India as well as a number of other unnamed markets. The investment will add 3,000 new employees in Chennai in the coming five years and when the center is constructed, house 12,000 employees, making it Ford’s largest employment center behind its Michigan facilities.

The Detroit News reports that the Chennai facility will include testing labs for future vehicles while also supporting employees focused on information technology, manufacturing, accounting and data. It will be the brand’s third product development center in the Asia Pacific region.

Discussing the center, Ford executive chairman Bill Ford said “India is not only a vibrant market for cars and new mobility ideas, it also is rich with talent, technical expertise and ingenuity. This new center will help us attract the best and brightest, and make Chennai a true hub of innovation for Ford around the world.”