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Tata Motors will buy Ford’s Sanand plant to expand its electric vehicles manufacturing capacity in Gurajat, India, Kallanish reports. The Indian carmaker announced the deal valued at 7.26 billion rupees ($91.5 million) on Sunday. Under the terms signed by Tata Passenger Electric Mobility Limited (TPEML) and Ford India Private Limited (FIPL), the acquisition covers all land and buildings, the vehicle manufacturing plant along with machinery and equipment, an…
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