Mahindra and Ford Announce a Joint Venture To Drive Profitable Growth in India and Emerging Markets

Marks a new era of collaboration, using the strengths of both companies to deliver operational excellence and value to stakeholders The partnership will allow Ford and Mahindra to offer new product to customers faster than before and will deliver profitable growth to both companies Valued at INR 1,925 crores (US$275 million), the joint venture will drive enhanced competitiveness through greater economies of scale across the automotive value chain, including optimized sourcing, product development, use of relevant technologies and a global net