India-made Figo to be in 50 nations by year-end: Ford
Ford India, subsidiary of US carmaker Ford, on Thursday said it aims to accelerate export of India made-Figo to 50 international markets by this year end, from current 34.autos Updated: Mar 22, 2012 22:55 IST
Ford India, subsidiary of US carmaker Ford, on Thursday said it aims to accelerate export of India made-Figo to 50 international markets by this year end, from current 34.
Figo continues to be a favourite in export markets. The company has exported 2,389 units this month including to a new market — Lebanon, an official said, on the sidelines of foundation stone-laying ceremony of Ford’s integrated manufacturing facility here.
“We are exporting Figo to Mexico, Caribbean, UAE, and parts of North Africa,” Michael Boneham, president and managing director, Ford India. “The vast majority goes to similar markets like India, as they too need small cars like India does.”
In addition to South Africa and Nepal, Figo is being shipped to countries like Angola, Bermuda, Ghana, Iraq, Liberia, Malawi, Madagascar, Mauritius, Nigeria, Senegal, Tanzania, Zambia and Zimbabwe.
“We have already gone to 34 different countries and aim to export to 50 nations by end of this year, many of them being similar countries,” Boneham said.
Foundation stone for $1 billion manufacturing facility, expected to go on stream in early 2014 and to create 5,000 jobs, was laid here on Thursday.
Sanand facility has capacity of producing 2.40 lakh cars and 2.70 lakh engines a year.
First Published: Mar 22, 2012 22:53 IST