Chennai, Oct. 31 -- Automobile manufacturer Ford on Friday confirmed plans for powertrain manufacturing at its Chennai plant, focused on producing all-new, next-generation engines.

Building on the letter of intent signed in September 2024, representatives from Ford and the government of Tamil Nadu signed a memorandum of understanding outlining the strategic direction that leverages India's manufacturing expertise as part of the Ford+ plan.

With an initial expected investment of Rs 3,250 crores, the project is expected to create more than 600 jobs, as well as indirect jobs across the industry.

Alongside this manufacturing presence, Ford currently employs approximately 12,000 talented individuals in its Global Business Operations in Tami...