Ford India is stick to its expansion plans

Ford India is stick to set up Indian operations and their further expansion in spite of poor economic condition of its parent company. It must also be mentioned that the company has got approval for investment of worth $500 million. According to Ford India Managing Director, Michael Boneham, the Indian operations did not receive any distress calls from either Ford Motors in US or Ford Asian center operations in Bangkok. The company had already announced investments worth $500 million earlier and there was no intimation to the Indian operations to hold them back. The company still sticks to its original plans for India as there had been considerable slow down in the market but definitely no meltdown like the other markets. The MD mentioned that having a small car in India is a necessity to be present here successfully.