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Ford to hire 1,000 as part of expansion plan

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Car maker Ford India today said it will hire 1,000 people as part of the expansion plan of its manufacturing unit here, which will be completed by next year.

The company has already hired 400 people and the rest will be recruited by next year, a company official said.

The company today signed an agreement with the Tamil Nadu government for the expansion by setting up new engine manufacturing units.

As a part of its expansion plans, the company will double its vehicle production capacity to 2 lakh units per year. A new engine production unit with a capacity of 2.5 lakh is also being set up at a total invest cost of $500 million announced early last year.

The agreement was singed by Industries Secretary Farooqui on behalf of the government and Ford Managing Director Michael Boneham before Tamil Nadu Chief Minister M Karunanidhi and US Ambassador Tim Roemer among other officials.