Answer:
Yes,
because it owns or control sits production units in many countries, with its
head office in USA. Ford Motors, an American company, is one of the world's
largest automobile manufacturers with production spread over 26 countries of
the world. Ford Motors came to India in 1995 and spent Rs. 1,700 crore to set
up a large plant near Chennai.
This was done in collaboration with Mahindra
and Mahindra, a major Indian manufacturer of jeeps and
trucks. By the year 2004, Ford Motors was selling 27,000 cars in the Indian
markets, while 24,000 cars were exported from India to South Africa, Mexico and
Brazil. The company wants to develop Ford India as a component supplying base
for its other plants across the globe.
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