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    <title>Ford to invest Rs 3,250 cr at Chennai plant to produce new generation engines</title>
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    <description>Memorandum of Understanding between Ford and the Tamil Nadu government formalises an initial capital investment to refurbish the Chennai plant for production of a new generation of engines, with phased site preparation, targeted commercial production in the coming years, planned annual manufacturing capacity, and an export orientation expected to generate direct and indirect employment; further technical details and export markets to be announced closer to production start.</description>
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