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Why did 'Ford motor' company want to develop ford India as a component supplying base for its other plants across the globe? Explain

Answer»

Ford Motor Company wanted to develop Ford India as a component supplying base for its other plants across the globe because:

1.India is a progressive developing country.2.There will be low production cost due to cheap labour.3. AnMNClike Ford can save lot of money on wages and salaries by setting up production plants in India.4. India provides a big market for the company to make profits on a large scale.

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