May invest around $100 mn in setting up a 200-acre park
According to sources in the state government, Tata Sons chairman Ratan N Tata is expected to be in town on June 2 and the plant will be inaugurated by Gujarat Chief Minister Narendra Modi.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
According to experts, Tata Tiago JTP and Tigor JTP -- a sedan and hatchback -- are not only powerful and faster than every other car in the segment, but also in the segment above, including their peers Maruti Baleno RS, Volkswagen Polo and others.
Semiconductor makers need thousands of engineers and technicians, and though India has one of the largest pool of engineers in the world, they do not have experience in the semiconductor manufacturing space.
'The more educated a young person is, the higher the chances of him or her remaining unemployed.'
Patel (20) has been booked under relevant sections of the Motor Vehicle Act and sections 279 (rash driving) and 427 (mischief causing damage to the amount of fifty rupees) of the Indian Penal Code.
Over 100 Indian institutions offer semiconductor design curricula, but hardly any of them focuses on manufacturing and process technology, a top official from global memory and storage major Micron Technology said on Thursday. There is significant global demand for such chip engineers, its president and chief executive Sanjay Mehrotra said at the 10th Vibrant Gujarat Global Summit in Gandhinagar. "While more than 100 Indian institutions provide a semiconductor design curriculum, hardly any focus on semiconductor manufacturing and process technology.
Pawar posted on X, formerly known as Twitter, pictures of him and Adani cutting a ribbon of the factory.
The exclusive club that dominates the global semiconductor fab scenario is about to get a new member. Taiwan, South Korea, and China control nearly 70 per cent of the global capacity. SEMI, the global industry body for semiconductor and electronics design and manufacturing, projects all fabs collectively will churn out 30 million wafers a month this year.
How much do you know about the Vibrant Gujarat Global Summit 2024?
Presently, around 23 per cent of Nestle India's workforce are women, its chairman and managing director Suresh Narayanan said on Monday. "We moved a fair degree on this. When I came to Nestle India in 2015, at that time we were at about 15-16 per cent.
As Ford Motor Co shuts down its manufacturing plants in India, hundreds of workers will lose jobs.
Prime Minister Narendra Modi on Wednesday said the world looks at India as an important pillar of stability, a trusted friend, an engine of growth in the global economy, a technology hub for finding solutions and a powerhouse of talented youth. He also said that in the rapidly changing world order, India is moving forward as 'vishwa mitra' (friend of the world). Speaking at the inauguration of the 10th edition of the Vibrant Gujarat Global Summit, which saw participation of state hea
Both are finding it difficult to sell one each of their plants -- Chennai Maraimalai Nagar (Ford) and Talegaon near Pune (GM) -- and are finding the road blocked by employee severance snarl-ups, report Sohini Das and Shine Jacob.
With Tata Motors subsidiary taking over Ford's passenger vehicle (PV) manufacturing unit at Sanand in Gujarat, uncertainty over the future of Ford's Maraimalai Nagar unit in Tamil Nadu continues, with workers protesting on Thursday demanding a better severance package. There are over 2,000 employees working at the unit. On Thursday, there was a meeting between agitating employees and the state labour department. The workers started protests at the Chennai unit after Tata Passenger Electric Mobility signed a tripartite memorandum of understanding with Ford India and the Government of Gujarat for acquisition of Ford's PV manufacturing plant at Sanand.
After clocking losses for seven straight quarters, Tata Motors on Wednesday posted a consolidated net profit of Rs 3,043 crore in the third quarter (Q3) of 2022-23. This came on the back of a strong order book, better semiconductor chip supply, tempered commodity prices, and a better product mix. "We remain cautiously optimistic about the demand situation, notwithstanding the global uncertainty.
The ruling BJP and opposition Congress have together fielded sons of sitting and former MLAs in at least 20 of the total 182 constituencies.
An unhappy, restive mood prevails at the Ford factory Maraimala Nagar, 50 km from Chennai, and the surrounding area. The security is tight - not just Ford security personnel but also Tamil Nadu state police who are posted at the main gate. From September 9, when Ford India announced it was phasing out its units in India and leaving, workers at its manufacturing unit at Maraimala Nagar have held onto one hope: that the state government will step in to save their jobs.
Ford dealers in India are staring at huge losses with the automaker deciding to shut production in the country with immediate effect, automobile dealers' body FADA said on Thursday. Terming the company decision as shocking, the industry body noted that the dealers have invested over Rs 2,000 crore in creating sales infrastructure while employing around 40,000 people across the country. "The auto retail fraternity is really shocked to hear another Ford India's announcement where it has said that it will shut down production with immediate effect," FADA president Vinkesh Gulati said in a statement.
US auto major Ford Motor Co will shut its two manufacturing plants in India and will sell only imported vehicles in the country as part of a restructuring exercise, according to people aware of the development. The company, which invested about USD 2.5 billion at its Chennai (Tamil Nadu) and Sanand (Gujarat) plants, will stop selling vehicles such as the EcoSport, Figo and Aspire which are produced from these plants. Going ahead, it would only sell imported vehicles like Mustang in the country.
Hemantkumar Shivsaran compares the number of rallies held by the BJP leadership in Gujarat and Himachal Pradesh.
The EV industry is at an inflection point and batteries will play a critical role ahead -- batteries and related components typically constitute 35-45 per cent of an EV's costs.
The automotive business includes vehicle manufacturing plants of Ford India in Chennai and Sanand.
'Modi is imposing himself as the face of Gujarat to send a message that people should not forget that a Gujarati is prime minister.'
American automaker Ford on Thursday said that it had withdrawn plans to manufacture electric vehicles (EVs) in India and it won't invest in the country under the performance-linked incentive (PLI) scheme. "After careful review, we have decided to no longer pursue EV manufacturing for exports from any of the Indian plants. "We remain grateful to the government for approving our proposal under the PLI and for being supportive while we continued our exploration. "Ford India's previously announced business restructuring continues as planned, including exploring other alternatives for our manufacturing facilities.
'It is creditable that the BJP builds the organisation set-up and then looks for leaders.' 'The Congress on the other hand has to care for the leaders more than the organisation.'
'The present government swears by Hinduism. But we lost three of our sants during earlier BJP regimes.'
Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.
Sanand plant exported 78,930 cars. The one at Chennai exported 79,539 units of EcoSport model
.jpg)
US Secretary of State John Kerry on Monday visited auto major Ford India's upcoming manufacturing plant in Gujarat.
Railway employees including station masters, engine drivers, ticket checkers, etc too have been selected for vaccination and their list is being compiled for the exercise.
The Gujarat government admitted in the Assembly that it had paid Rs 456.79 cr.
Earlier in May, Ford India announced that it had dropped its plans to make electric vehicles (EVs) in India, which it intended to export, under the production-linked incentive scheme (PLI). Ford was among 20 companies that had signed a Champion OEM Incentive Scheme under the PLI project with the government in February this year. The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat. In September last year, the company had announced that it would exit the India market, which it had entered in 1995 through an on-again, off-again joint venture with Mahindra & Mahindra (they split in 1998, signed a JV in 2019 and split again in December 2020), retailing petrol and diesel brands such as the EcoSport, Figo, Aspire, and Endeavour.
Automobile dealers' body FADA has urged the government to formulate a task force to monitor the compensation structure being worked out by Ford India for its dealer partners across the country. In a letter to Heavy Industries Minister Mahendra Nath Pandey, FADA president Vinkesh Gulati also requested the government to instruct Ford India to keep the industry body in the loop regarding the compensation structure for the dealerships. "We humbly request your Ministry's intervention... Create a task force which takes day-to-day updates from Ford India to monitor the compensation plan for automobile dealers and dealership employees," Gulati said in the letter.
Unlike Ratan Tata's philosophy, Mistry cared about short-term gains. This is a Diwali gift for many
In 2013-14, Tata Motors produced 21,358 Nano models against the plant capacity of 250,000 vehicles.
Tata Motors, India's largest car maker by revenue, is exploring the possibility of adding more models to the production line at its Sanand plant in Gujarat.
It was Bharatiya Janata Party's turn to face revolt from a section of the party leaders on Friday who failed to get nominations in the first list of 84 party candidates announced Thursday night.
Even as Tauktae's intensity weakened, it left behind a trail of destruction with as many as 13 people losing their lives in different parts of Gujarat, including Bhavnagar, Rajkot, Patan, Amreli and Valsad, officials said.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances