Ford Motor Co News

Ford’s retreat marks the end of an Indian dream for U.S. carmakers

Ford’s retreat marks the end of an Indian dream for U.S. carmakers

New Delhi: Ford Motors, one of the first global automotive companies that built its first factory in India in the mid-1990s, believed they were buying into a boom – the next China but 3 decades later the US carmakers decided to wrap up its India operations after incurring USD 2 billion