Ford Motor Co. today said it will invest US$195 million (Cdn $260 million) and create 3,000 jobs over the next five years for a new global technology and business centre in Chennai, India.
The automaker will consolidate 9,000 existing employees across six India operations at the six-building, 28-acre (11.3-hectare) campus. When complete in 2019, the Chennai campus, with some 12,000 employees, will become Ford’s second-largest employment centre behind its Dearborn, Mich., campus, which is undergoing a massive, 10-year renovation.
The India site will house engineers, IT, finance, accounting, data analytics and manufacturing engineering. Ford said it will include a wide range of labs and testing facilities for complete vehicle and component testing.
“India is not only a vibrant market for cars and new mobility ideas, it also is rich with talent, technical expertise and ingenuity,” Executive Chairman Bill Ford said in a statement. “This new centre will help us attract the best and brightest, and make Chennai a true hub of innovation for Ford around the world.”