Ford to launch a compact car in India
New
Delhi,
Nov.
19
:
US
automobile
manufacturer
Ford
is
studying
the
feasibility
of
launching
a
compact
car
in
India
that
will
be
imported
as
a
completely-knocked-down
kit
from
a
manufacturing
hub
in
Thailand.
The plan leverages India's free trade agreement signed with Thailand in October 2003. Ford is building a car plant in Thailand in alliance with Japanese automobile company Mazda. Ford wants to introduce the small car to India in 2009-10.
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Story first published: Monday, November 19, 2007, 19:40 [IST]