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Ford India head quits after company says to stop making cars in India

Ford India mentioned in its assertion it has put its director of producing, Balasundaram Radhakrishnan, in cost of overseeing its restructuring in the nation.

Reuters |

PUBLISHED ON SEP 25, 2021 12:49 AM IST

Ford Motor Co’s India head Anurag Mehrotra has give up the company to pursue different career alternatives, days after the U.S. automaker mentioned it could stop making cars in the Asian nation, taking a success of $2 billion.

Mehrotra, in accordance to his LinkedIn profile, has spent over a decade with Ford in India throughout a number of roles together with advertising, gross sales and most not too long ago as president and managing director.

Sept. 30 will probably be Mehrotra’s final day, a supply with data of the data advised Reuters.

Mehrotra didn’t instantly reply to a request for remark.

Ford India mentioned in its assertion it has put its director of producing, Balasundaram Radhakrishnan, in cost of overseeing its restructuring in the nation.

Ford’s choice to stop making cars in India ends its greater than two-decade lengthy presence in a market it not sees as worthwhile. The transfer will have an effect on round 4,000 workers, the company has mentioned.

Ford is the fifth main automaker to stop car manufacturing in India since 2017, following exits by General Motors and Harley Davidson from a market that’s dominated by Asian rivals.

Despite being in India for the reason that mid-Nineteen Nineties, Ford has lower than 2% share of the passenger car market and was utilizing about 20% of its whole manufacturing capability of 440,000 cars a year throughout two crops.

Ford mentioned earlier this month it plans to wind down manufacturing at its western India plant by the top of this year and at its southern India plant by the second quarter of 2022.

The announcement has upset tons of of its manufacturing facility employees, a few of whom protested the choice this week.

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