Ingrid has became the second hurricane of the 2013 season with authorities in Mexico predicting life-threatening conditions when it reaches landfall.
The Miami-based National Hurricane Centre (NHC) said Ingrid is producing maximum sustained winds of 125 kilometres per hour and is headed north.
The hurricane is located 315 kilometres east of Tuxpan, off Mexico's Gulf Coast, with the bulletin noting that the Mexican government has declared a hurricane watch from Cabo Rojo to La Pesca.
Ingrid is later expected to turn toward the northwest and then westward on Sunday with winds strengthening further before the hurricane is anticipated to reach the coast on Monday, the NHC said.
Forecasters say Ingrid will likely dump 25-38 centimetres of rain over a large part of eastern Mexico.
Such rains "are likely to result in life-threatening flash floods and mudslides", the latest NHC bulletin says, with a dangerous storm surge capable of raising water levels as much as two- to four-feet above normal, with large and destructive waves predicted along the coast within 48 hours.
Mexico's state-owned oil company Pemex said late on Thursday that it had pre-emptively suspended "sea and air operations" in the area although rigs in the region continued to operate.
Heavy rain has lashed Veracruz this week, killing 14 people, including 13 of whom died when a landslide crushed their homes in a mountainous region of the Gulf Coast state.