Ford India expects upcoming products through partnership with Mahindra & Mahindra to play a significant role in its emerging market operating model that has helped it reduce costs, according to a top company official. The company is likely to share "some updates" in "a short period of time" on five agreements that it had signed with M&M in March this year, which included development of two SUVs and a battery electric vehicle. "The learnings that we had through the collaboration with Mahindra -- benchmarking and discussions with them are also helping or reinforcing the emerging market principles we have," Ford India President and Managing Director Anurag Mehrotra told PTI. Ford India had adopted its emerging market operating model in April 2017, using the country as a "test bed" and focussed on strong brand, right product, competitive costs and effective scale to strengthen its business here. Under the model, the company started measuring cost per units (CPU) in manufacturing ..
from Latest News https://ift.tt/2pEvrDp
https://ift.tt/eA8V8J https://ift.tt/2LUVdkd
Home
Business
Business News
Business Standard
Latest News
Products in JV with M&M to play key role in emerging market model: Ford
Sunday, October 7, 2018
Related Posts:
Rolls-Royce boss says May's Brexit deal is better than no dealThe boss of engineering giant Rolls-Royce says politicians must get be… Read More
Gold prices rise by Rs 54 to Rs 30,875 per 10 g on positive global trendsGlobally, the gold was trading 0.15 per cent higher at $1,215.80 an ou… Read More
Google marks 44th anniversary of humankind's first message to aliensTheir three-minute radio message was aimed at a cluster of stars in th… Read More
Innovation in agriculture sector key for boosting production: Suresh PrabhuHe also informed that the ministry will be holding a meeting of global… Read More
0 comments: