Ford Motor to invest USD 500 mn in India

New Delhi, Feb 19: Ford Motor India today said it will invest about 500 million dollars for a range of activities including investment in small car segment.

''We will invest about 500 million dollars in small car segment, engine production and for business expansion,'' company Vice-President (Marketing and Sales) Scot McCormack said on the sidelines of a conference here. The company targets to produce 2.5 lakh units of engine, he added.

UNI