Tata Motors, Ford India ink pact with Gujarat govt for Sanand manufacturing plant acquisition
New Delhi: Tata Motors on Monday announced the signing of a tripartite pact with Ford and the Gujarat government to acquire the American auto major’s vehicle manufacturing plant at Sanand. A memorandum of understanding (MOU) was signed between Tata Passenger Electric Mobility Ltd (TPEML) — a subsidiary of Tata Motors — and Ford India Pvt…