Top 10 Automobile Companies in India 2016

Posted in Top Brand Lists, Total Reads: 868
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8. Ford India

Ford India is a completely owned Indian subsidiary of the American multinational car manufacturer Ford Motor Company.

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It is headquartered in Maraimalai Nagar, Kanchipuram district, Tamil Nadu and the company employs of around 10000 people in India. Ford India Pvt Ltd was started in the year 1926, but it was shut down in the year 1954 due to losses.

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It re-entered the market in the year 1995 as Mahindra Ford India Limited. In the year 1998, it bought 72% of the shares & renamed the company as Ford India Pvt ltd. Fords’ main manufacturing plant is located at Maraimalai Nagar, 45 kms from Chennai & has the capacity to produce 1,50,000 units in a year. Ford has one more plant in India at Sanand, Gujarat. After this second plant went operational, Ford India doubled its capacity to 440000 vehicles and 610000 engines. Ford Figo aspire was the first car to roll out from the second plant. Ford India is placed at seventh position in Indian automobiles with a market share of almost 3%. Ford Ecosport has been leading the sales in its segment i.e. Compact SUV’s than its competitors by more than 40%.

Ford’s other models include Figo which is a hatchback, Fiesta & Classic which are Sedans and Endeavour which is an SUV type. Ford India holds about 2.6% market share in the entire country and is perceived to produce stylish and elegant cars for the people.

Units Sold:77809

Market Share:2.60%