Industry/Official

Ford to invest Rs 1300 Crore on a Global Tech Center, Chennai

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PTI

Ford on Tuesday said that it’ll invest $195 Million (Rs 1300 Crore approx) in Chennai to build a global technology and business centre that will serve as a hub for product development, mobility solutions and business services for India and other markets around the world.

Ford Executive Chairman Bill Ford, visiting Chennai for the announcement, said the automaker will hire 3,000 skilled workers over the next five years to fully staff the new center. Ford also will consolidate 9,000 employees from six existing facilities in Chennai on the 28 acre campus. With 12,000 employees in total, the Chennai facility will become the company’s largest information technology organization outside its global headquarters in United States, and is expected to complete by 2019.

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

Ford is also working to ensure that the new center meets the environmental standards. Both the office buildings and the Learning and Development Center are designed for compliance with LEED Gold and Platinum standards for green buildings.

The center will employ Indian engineers, scientists and skilled workers. It also will feature a wide range of laboratories and testing facilities for both full vehicles and components, enabling Ford to conduct extensive testing of future vehicles in India.

“Designing a sustainable campus is as much about protecting the environment as it is about creating a great place to work,” Bill Ford said. “The Ford Global Technology and Business Center incorporates thoughtful ways to improve our environmental impact, while at the same time creating a great workplace that inspires our employees.”

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