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Posted

Ford Motor Co plans to invest $1 billion to build a factory in Gujarat to gain a greater share of one of the fastest-growing car markets, the Financial Times reported on Wednesday.
The US automaker plans to announce its plans on Thursday, according to the report, which cited Ford's head of Asia-Pacific and Africa Joe Hinrichs.
The factory in Gujarat, expected to be up and running by 2014, will employ 5,000 people and is expected to have an initial annual capacity of 240,000 vehicles, the newspaper reported.
Ford's largest single investment in India follows the success of its India-built Figo model, which helped the group nearly triple its sales last year, the FT reported.
Hinrichs was quoted as saying that Gujarat had been selected over other states for its pro-business reputation and geographical location and ports from which to export cars to other emerging markets.
Ford's shares closed down 4.3 per cent at $12.37 on Wednesday on the New York Stock Exchange.

^^" ^^" ^^" ^^" ^^"

Posted

Modi  CITI_$D# CITI_$D# CITI_$D#




One more project into ur state..






welco#afd welco#afd welco#afd  to Ford ...

Posted

inko 2-4 yrs elago A.P ki emi raavu... &*B@ &*B@ &*B@ &*B@ &*B@ &*B@

Posted

GUJARAT is developing like anything ...all the companies are going out of HYD ... sFun_duh sFun_duh sFun_duh sFun_duh

Posted

[quote author=!!!! FeRRo !!!! link=topic=217342.msg2675392#msg2675392 date=1311836012]
GUJARAT is developing like anything ...all the companies are going out of HYD ... sFun_duh sFun_duh sFun_duh sFun_duh
[/quote]
Hydera bad aa??? [img]http://lh3.ggpht.com/_KVkPY2XIbRQ/TWAgXprYLuI/AAAAAAAABCo/VzL0ae41lc4/brahmi%20laugh.gif[/img]

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