Ford to $500 million Invest in India

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Ford will invest $500 million to extend to India the enterprise in which it is expected, in order the future ford fiesta to establish. That model by concept Verve of the Fords before seen is (pictured).

(photo politeness of ford motor company)

Ford to $500 million Invest in India Date communicated: 01-08-2008

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CHENNAI, India — Kw_ford motor company said Tuesday extended adds it invest $500 million its Chennai assembly plant in India, production a new small in addition, that up to the 2010 car is and designs an integrated engine manufacturing service, in order to establish gas and diesel engines.

During part the plan companys to develop India into a strategic production hub for Asia Pacific and Africa, which Chennai service is expected, in order versions, the future ford fiesta to assemble to begin, which was seen before in the last months by die Ford Verve of concepts.

The automaker on major expansion programs in Thailand and China, to help feed rising demand in the asiatic markets also embarked itself United States.

The Chennai service, if die expansion is accomplished, is produce 200,000 to the carriers and to 250,000 machines one year able.

Which this to you means: Ford game would like to be a notch in India to step up, one of the fast-increasing markets into Asia behind China is — Paul Lienert, correspondent