Gandhinagar: Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Limited, completed the acquisition of Ford India's manufacturing plant in Sanand on Tuesday.
In August last year, the company announced that it would acquire Ford India Pvt. Ltd.'s Sanand plant in Gujarat for Rs 725.7 crore.
Tata Motors, in a regulatory filing, said that with the fulfilment of all the necessary conditions, the parties have completed the transaction, and TPEML has acquired the Sanand ...Read More