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Ford Motor Co’s India head Anurag Mehrotra has stop the corporate to pursue different profession alternatives, days after the U.S. automaker stated it might cease making automobiles within the Asian nation, taking successful of $2 billion.
Mehrotra, based on his LinkedIn profile, has spent over a decade with Ford in India throughout a number of roles together with advertising, gross sales and most not too long ago as president and managing director.
Sept. 30 might be Mehrotra’s final day, a supply with data of the knowledge advised Reuters.
Mehrotra didn’t instantly reply to a request for remark.
Ford India stated in its assertion it has put its director of producing, Balasundaram Radhakrishnan, in control of overseeing its restructuring within the nation.
Ford’s choice to cease making automobiles in India ends its greater than two-decade lengthy presence in a promote it not sees as worthwhile. The transfer will have an effect on round 4,000 workers, the corporate has stated.
Ford is the fifth main automaker to stop car manufacturing in India since 2017, following exits by Common Motors and Harley Davidson from a market that’s dominated by Asian rivals.
Regardless of being in India because the mid-Nineteen Nineties, Ford has lower than 2% share of the passenger car market and was utilizing about 20% of its complete manufacturing capability of 440,000 automobiles a 12 months throughout two vegetation.
Ford stated earlier this month it plans to wind down manufacturing at its western India plant by the top of this 12 months and at its southern India plant by the second quarter of 2022.
The announcement has upset lots of of its manufacturing facility employees, a few of whom protested the choice this week.
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