Ford India's compact car "Figo" commercial production on Feb 5 2010
Ford (India), last day said it will commence commercial production of its compact car "Ford Figo". The commercial production will take place at Sriperumbudur near here from February 5 2010.
As of now, Ford (India) currently manufactures mid-size sedan 'Fiesta', 'Ikon' and "SUV Endeavour' range of vehicles at the facility.
Ford (India) had signed a memorandum of understanding (MOU) with the Tamil Nadu government last year under which it would invest an additional Rs 1,500 crore to expand the Sriperumbudur facility. The investments include ramping up the Sriperumbudur facility to make new engines and for production of Figo,
The plant will be inaugurated by M Karunanidhi, Tamil Nadu, chief minister (CM) and Stalin, deputy CM on Friday i.e. February 5 2010.
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