The Traderszone Network

Published in TZ Latest News 25 March, 2015 by The TZ Newswire Staff

Ford aims to triple exports from India with $1 billion plant

Ford Motor Co (F.N) has invested $1 billion in a new plant in western India which will help the automaker triple exports from the country, chief executive Mark Fields told reporters on Thursday. Ford plans to make India an export hub for compact cars such as the EcoSport, a sub-four meter sports utility vehicle, and the newly launched compact sedan, Ford Figo Aspire, the first car to be produced at the new facility.

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