Ford infuses over Rs 5,000 crore in Indian unit to manage exit costs
2021-10-22
US automaker Ford Motor Co has infused more than Rs 5,000 crore in its Indian subsidiary, just weeks into announcing its exit from this market. The funds have been infused in two tranches — Rs 2,175 crore in September and Rs 2,900 crore this month, totalling Rs 5,075 crore, according to financial data sourced through…Continue Reading