Ford India has announced extension of its engine manufacturing unit, increasing annual engine capacity by 36% to 340,000 at its Chennai plant. The American carmaker has invested $72 million on this. Ford owns the credit of manufacturing some of the best fuel efficient engines in the world.
The total annual production capacity at the facility stands at 3,40,000 units including the additional 80,000 units added now. The expansion will add 200 jobs and help the company supply diesel engines according to market demand and growing exports.
Ford India president and managing director Michael Boneham said: "We are delighted to see this new addition to our capacity in the engine plant as we gear up to move to the next stage of growth in India and the region."
Interestingly, the Chennai plant is Ford's first ever to manufacture both petrol and diesel engines. Both powertrains for the upcoming EcoSport compact SUV will be made here.
Boneham added: "We are at an interesting phase of growth with the markets demanding swift responses from manufacturers, and with this plant's flexible production lines of both petrol and diesel engines, we're well-poised to move quickly."