Ford Motor Co to stop production in India at two plants

Highlights

• Ford Motor Co has decided to stop the production of its vehicles in India
• The company is planning to shut the Chennai and Sanand facilities by the end of 2021

US auto major Ford Motor Co has recently announced that th...

INDIAN GOVERNMENT WANTS AUTO INDUSTRY TO REDUCE IMPORTS AND INCREASE EXPORTS

HIGHLIGHTS

• Citing examples of existing auto hubs, Indian Minister Piyush Goyal wants Auto Industry to reduce imports and increase imports.
• Piyush Goyal wants to boost Indian industry's domestic capabilities and expand the global economic engagemen...