Ford Motor Co. is going to invest $195 million and create 3,000 jobs over the next five years for a new global technology and business center in Chennai, India, the company said on Tuesday.
The automaker will consolidate 9,000 existing employees across six India operations at the six-building, 28-acre campus. When complete in 2019, the Chennai campus, with some 12,000 employees, will become Ford’s second-largest employment center behind its Dearborn, Mich., campus, which is undergoing a massive, 10-year renovation.
The India site will house engineers, IT, finance, accounting, data analytics and manufacturing engineering. Ford said it will include a wide range of labs and testing facilities for complete vehicle and component testing.
“India is not only a vibrant market for cars and new mobility ideas, it also is rich with talent, technical expertise and ingenuity. This new center will help us attract the best and brightest, and make Chennai a true hub of innovation for Ford around the world,”
Executive Chairman Bill Ford said in a statement.
The Chennai site will be Ford’s third global product development center in the Asia Pacific region, and will be Ford’s second-largest IT organization outside of the company’s headquarters.
The site will feature 2.5 million square feet of floor space. It will include three office buildings, a learning and development center, a canteen and a product development center.