Ford India will soon shift their headquarters to New Delhi. The president of Ford Africa and Asia Pacific, Joseph Henrichs said during a press conference that Ford India would be shifting their headquarters to New Delhi, while they would open a new facility in Gujarat. These actions form part of their new operation plans in India.
The market share of the company in India has almost tripled since the past 2 years. Back in 2009, the company’s share was less than 1%. Currently the market share of the company in India has grown to 3%.
Henrichs also added that they plan to introduce 8 new cars in this market by 2015. Of these, most will be available in the same range as the Figo as in India, the small car market is the one which has been witnessing growth. 70% of the passenger car sales in this market were generated from the category of small cars, a figure, which is only expected to grow further.