The Ford Motor Company has decided to invest $620 million in an R&D center in Chennai according to the Economic Times of India "There's a tremendous engineering talent here, and we want to tap into that and grow our product development capability here methodically over a period of time," CEO...
Ford Motor Invests $1 Billion in Indian Auto Plant
Reuters reports that Ford Motor Company has inaugurated a heavily automated auto manufacturing plant at a cost of $1 billion in the western state of Gujarat to triple its exports from India. At the inauguration, Ford chief executive Mark Fields said, “India is very cost competitive, which is important particularly...