6. Read the source given below and answer the following questions. 4
Ford Motors, an American company, is one of the world’s largest automobile manufacturers with production spread over 26 countries of the world. Ford Motors came to India in 1995 and spent Rs. 1700 crore to set up a large plant near Chennai. This was done in collaboration with Mahindra and Mahindra, a major Indian manufacturer of jeeps and trucks. By the year 2004, Ford Motors was selling 27,000 cars in the Indian markets, while 24,000 cars were exported from India to South Africa, Mexico and Brazil. The company wanted to develop Ford India as a component supplying base for its other plants across the globe.
Answer the following MCQs by choosing the most appropriate option
26.1. Chose the points from the given paragraph that shows that Ford Motor is an MNC.
26.2. Which countries have been interlinked according to the given paragraph?
26.3 Give the Name of the Company in whose collaboration it is planning to establish itself in India.
26.4 Give any two advantages of this collaboration.
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Answer:
How much did Ford Motors invest in India? Answer: The investment which comes from abroad is called foreign investment. Ford Motors had invested Rs. 1700 crore.
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