
This video is about "Why Harley Davidson & FORD Leaving India? Why Car Companies are Failed in India | Live Hindi"
On September 9, Ford Motor Company announced that it will be shutting down its car manufacturing plants in Gujarat and Tamil Nadu by Quarter 2 of FY 2022, as a part of its global restructuring. While the company has promised to provide its customers with spare parts and service, it is clear that Ford has made up its mind to leave India. The American manufacturer which entered India in 1995 and invested over USD 2.5 billion in India, employed 4,000+ people and 170 dealers, has accumulated losses of USD 2 billion over these years. The company which manufactures 4 lakh cars per year has left its customers, employees and dealers in shock, as their plans suddenly seem unclear.
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