Question

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.


The passage given above relates to which of the following options?.​

Answer 1

Answer:Rs. 1700 crore to set up a large plant near Chennai. This was done in collaboration with Mahindra

Explanation: