Ford has invested $1B in a new plant in western India that will help it triple its exports from the country. Ford (NYSE:F) is planning to make India an export hub for compact cars such as the EcoSport, and the newly launched compact sedan, Ford Figo Aspire, the first car to be produced at the new facility. The plant will also nearly double the company's installed production capacity in the country to 610K engines and 440K vehicles a year.
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