Ford India will export India-built engines to Europe in order to make full use of its expanding production capacity. This will be the first time the company has shipped engines to Europe.Speaking on the move, Gary Johnson, vice-president (manufacturing) Asia Pacific and Africa said "We will have a cumulative capacity to build 4,50,000 cars and 6,00,000 engines in India by 2015. We plan to export Indian-built engines to Europe as per the market demand."
Ford India currently exports 25 per cent of its car production and 40 per cent of its engine production to 35 countries. The exporting of engines from India is also being seen as move by Ford to cut costs. It has already reduced work days and slowed down its assembly lines in Europe to cope with a slump in demand.
