Ford wakes up badly burnt from its India dream - NewsBreak

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By Alexdemarco in Business
Updated 3 years ago

NEW DELHI, Sept 17 (Reuters) - When Ford Motor Co (F.N) built its first factory in India in the mid-1990s, U.S. carmakers believed they were buying into a boom - the next China. The economy had been liberalised in 1991, the government was welcoming investors, and the middle class was...

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