Ford Motor Co made a profit in India for the first time in a decade in the last fiscal. Ford India declared a profit of $72 million in the fiscal year that ended on March 31, compared with a loss of nearly the same amount a year ago. Under an...
Ford To Invest in Global Technology and Business Center in India
Dearborn, Michigan-based Ford Motor Co. said it will 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 site will feature 2.5 million square feet of floor space which will house engineers, IT, finance, accounting, data...
Ford Motors to Set Up Another Engineering and Technology Center in India
Adding to its previous recent investment in India of $2 billion, the Ford Motor Co confirmed fresh investments for setting up a new global engineering and technology center in Chennai, in the southern state of Tamil Nadu, while concomitantly expanding capacity at its existing manufacturing plant in Chennai, reports ET...