New Delhi: Tata Passenger Electric Mobility Limited (TPEML), a subsidiary Tata Motors LtdAnd Ford India Private Limited (FIPL), Sunday Signature Unit Transfer Agreement (UTA), for the ahref=”https://auto.economictimes.indiatimes.com/tag/acquisition”>acquisition of FIPL’s production plant located at Sanand, Gujarat. Powertrain Manufacturing Facility You can hire again the land or constructions Powertrain Manufacturing Plant TPEML, on mutually agreed phrases. Tata Motors Passenger Vehicles Limited at Sanand,These must make it simple to transition. As in keeping with Tata Motors, with its production capability nearing saturation, this acquisition is well timed and a win-win for all stakeholders. “The shared values of trust, ethics and putting people first were the driving force behind our agreement with Tata Motors.

Source: Economic Times August 08, 2022 21:44 UTC