Detroit-headquartered Ford Motor Company’s Indian arm on Thursday inaugurated its second factory in this country at Sanand, 30 kilometres from Ahmedabad.
The arm showcased its upcoming car from the site, a compact sedan, Ford Figo Aspire. The company said it had planned to establish India as an export hub. Also, it wanted to triple its exports from here over five years.
Anurag Mehrotra, executive director for marketing, sales, and service, Ford India, said half of the combined production from their Sanand and Chennai units would be for export. The company, however, did not wish to put a figure to the target.
Source: http://www.business-standard.com/article/companies/ford-opens-sanand-plant-to-triple-exports-from-india-115032600611_1.html