HomeBusinessTake steps to maintain afloat Ford Motor in TN: O Panneerselvam...

Take steps to maintain afloat Ford Motor in TN: O Panneerselvam…

Chennai: Expressing concern over the way forward for hundreds of employees and allied industries, AIADMK coordinator O Panneerselvam on Tuesday sought Tamil Nadu Chief Minister M Ok Stalin’s instant intervention within the problem regarding the American auto main Ford Motor’s determination to close its operations and make sure the firm’s facility at Maraimalai Nagar is stored afloat.

Such a transfer, the previous Chief Minister contended, would augur effectively for the commercial development within the State and likewise safeguard jobs of the employees. “The news regarding the closure of the plants in India is shocking. It has come amid a move to bring new jobs to Tamil Nadu based on the fact that workers can survive if industries grow,” Panneerselvam mentioned. He appealed to the Chief Minister to supply reduction to the staff by sustaining the commercial local weather within the State.


On Thursday, Ford Motor introduced that it’ll shut its two manufacturing vegetation (Maraimalai Nagar and Sanand in Gujarat) in India and promote solely imported automobiles within the nation, as a part of a restructuring train.

In an announcement right here, Panneerselvam mentioned Ford introduced closure of its plant in Maraimalai Nagar within the second quarter of subsequent 12 months attributable to big accumulating losses and lack of development in a tough market. “The move will affect the future of about 4,000 direct employees and also that of about 40,000 indirect workers. The future of micro, small and medium enterprises (MSME) dependent on Ford Motor is also very bleak,” the AIADMK coordinator mentioned.


Sustaining that the State authorities has a accountability to guard the employees and industrial local weather in Tamil Nadu, he mentioned “therefore, I urge Tamil Nadu Chief Minister M K Stalin to intervene and resolve the issue.”

Panneerselvam recalled that in her tenure, former Chief Minister J Jayalalithaa took varied steps to advertise industries in addition to making a conducive ambiance within the State.

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