India is already a hub for several international car companies. Many have chosen it to access Asia-Pacific regions, while actively marketing their products. Some car companies like BMW and Hyundai have preferred India over China. American car companies like General Motors is now busy erecting its plant near Pune. India is one of the fastest growing car markets in the world and is likely to be the 4th largest market by 2014.
Ford Motors is also in the race, which already owns a facility in India has recently opened its second plant near Chennai. The facility will manufacture Ford’s 1.4 liter Duratorq engine for its Fiesta and Fusion models.
With this facility Ford will have a firm grip over the market and the production.