US carmaker Ford said the turmoil in the American auto market will not impact its expansion plans in India and it remains committed to the Indian market.
"We are committed to the Indian market.
"Our basic plans in the US and globally are continuing. The product and manufacturing essence of our plans in India are intact," Ford Group Vice-President Jim Farley told PTI on the sidelines of the Chicago Auto Show here.
Responding to whether Ford's proposed expansion in India will be hit by the gloom in the US auto market, Farley said Ford constantly relooks at its plans given the economic crisis but it does not see that having an impact on its India operations.
The Indian car market is strong and the country is a strategically important market in the long term not just for Ford but for other car companies as well.
He said the company's commitment to the Indian market was evident from the launch of an advanced version of its mid-size sedan Fiesta.
"The Indian market is very important to us. It should be clear from the manufacturing facilities that we have in place in India, that we are growing in the country," he added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
