Ford makes a U Turn

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Like Maruthi Ford is also one of the old and popular brands. Now Ford is coming back to India to make cars for the export market. But these days there are many brands at affordable rates even for the upper middle class.

There are many cars which come under 15 lakh budget.

Ford Motor plans to restart a manufacturing plant for exports in Tamil Nadu, India, the company said on Friday, potentially re-entering a market it exited three years ago.

The company said it has submitted a letter of intent to the state’s government, two days after Tamil Nadu’s chief minister said that the two were in talks to restart manufacturing in the state for exports.

Ford stopped producing cars in India for domestic sale in 2021 after struggling to boost volumes and pulled the plug on exports in 2022,effectively exiting the world’s third-largest car market, which is dominated by Asian rivals.

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