Tata Motors to buy Ford Gujarat plant for Rs 750 crore - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Tata Motors to buy Ford Gujarat plant for Rs 750 crore

The takeover of the Gujarat plant will offer much-needed capacity for Tata Motors, which has set its sights on crossing half a million annual sales this financial year, up from 370,400 in FY22. The company is currently operating at 85-90% capacity and to sustain this momentum it will need fresh capacity.

from Industry-Economic Times
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