Ford India Invests Additional $ 72 Million on Engine Plant in India

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Ford India over the time has been turning it’s Chennai manufacturing unit into an export hub over the past few years now. The company has got an extreme interest about India Automobile market and and same reflects directly on the aggressive portfolio expansion. It is about to launch 8 new models which will hit Indian roads by 2015.

Ford Fiesta Sedan is about to hit the Indian roads merely soon to be at the par of growing demand that the Indian market which will further help in enhancing the export market. Ford India has just announced a sum of $72 Million to be invested in it’s engine manufacturing facility.

It seems more job opportunities and more investment in automobile sector will make the sector competent with the IT industrial sector. IT sector so far has been core source for the employment in India for the engineers and experts. In other words, a good shift in the trend, which is good for the country’s overall growth too.

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