New Delhi: Weeks after declaring stoppage of vehicle production in India, American auto major Ford on Friday announced a leadership change in its operations in the country with Anurag Mehrotra, currently President and Managing Director of Ford India, set to leave the company by the end of the month.
Post announcement of transformation of its business in India, Balasundaram Radhakrishnan (Bala), who is currently Director, Manufacturing, Ford India Pvt Ltd (FIPL) has been appointed to the role of transformation officer of the company, a spokesperson of FIPL said in a statement.
"Bala will oversee and drive the transformation efforts associated with the restructuring," the spokesperson said adding the company was committed to supporting customers and partners in India.
After nearly three decades of struggling to make a mark in India, Ford Motor Co on September 9 announced that it would stop vehicle production at its two plants in the country and will sell only imported vehicles going ahead as part of a restructuring exercise. The company, which invested about USD 2.5 billion at its Chennai (Tamil Nadu) and Sanand (Gujarat) plants, has incurred losses of over USD 2 billion in India. Its decision will impact over 4,000 employees and 150 dealer principals who operate over 300 outlets.
Also read:Ford to shut down both its manufacturing plants in India, to sell only imported vehicles
Ford India will wind down vehicle assembly in Sanand by the fourth quarter of 2021 and vehicle and engine manufacturing in Chennai by the second quarter of 2022.