Answer:
(i)
Ford Motors, an American company, is one of the world's largest automobile
manufacturers with production spread over twenty-six countries of the world.
(ii) It came to India in 1995 and spent ? 1,700 crore to set up a large
plant near Chennai.
(iii) This was done in collaboration with Mahindra and
Mahindra, a major Indian manufacturer of jeeps and trucks.
(iv) 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.
(v) The company wants to develop Ford India as a component
supplying base for its other plants across the globe.
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