UPDATE: Ford Announces $72 Million Investment to Increase Production Capacity at Chennai Engine Plant

Ford Motor Company F will invest US $72 million to expand its powertrain facility in Chennai to further support its sales and export growth plans in India. When the expansion programme is completed in mid-2012, the engine plant's production capacity will increase from 250,000 to 330,000 units per year, an additional output of 80,000 diesel engines annually. The expansion of diesel engine production capacity will bring Ford's total investment in India to more than US$ 1 billion.