Ford Motor Company (NYSE:F) unexpectedly abandoned plans to sell its Tamil Nadu plant, its sole remaining factory site in the country, after finalising a deal with the Sajjan Jindal-led JSW Group recently, said people with knowledge of the matter. The decision fuelled speculation that the US company may be considering a re-entry into the world?s third auto largest market after exiting over two years ago. A Ford India spokesperson said in an email: ?We continue to explore alternatives for our manufacturing facility in Chennai and have nothing further to share.?

JSW declined to comment.