# Tata Motors signs agreement to acquire Ford India's Sanand plant

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors, signed a Unit Transfer Agreement with Ford India Private Limited to acquire Ford's manufacturing plant in Sanand, Gujarat, for Rs 725.7 crore. The plant has a capacity of 300,000 units per annum, scalable to 420,000 units.

- Type: Acquisition
- Announced: 2022-08-07
- Where: Sanand, Gujarat, India
- Value: $91.0M (7.26B INR)
- Status: announced
- Capacity: 300,000 units per annum, scalable to 420,000 units per annum
- Products: vehicles, electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Tata Motors Limited](https://endata.com/companies/15362.md) (acquirer)
- [Ford India](https://endata.com/companies/63140.md) (target)

## Sources

- [tatamotors.com](https://www.tatamotors.com/press-releases/tata-motors-signs-definitive-agreement-for-the-acquisition-of-ford-indias-sanand-plant/), 2022-08-07: "The agreement with FIPL signed today is beneficial to all stakeholders."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.