Ford has reportedly found a local supplier to produce engine blocks for its Indian assembly operations.
The move would substantially reduce its import dependence, the Economic Times said.
Ford India president and MD Michael Boneham told reporters that the company would source the aluminium-cast engine blocks from Pune-based Jaya Hind. “We are the first company to localise by sourcing engine blocks from an external vendor,” he said, adding the sourcing plans would be finalised in two months.
The objective is to make Ford’s global operations perceive India as a country that has a robust supplier choice.
“This will increase the localisation of our cars. We would be using these engine blocks across the Ikon, Ford Fiesta and the small car, which we are launching next year,” he added.
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By GlobalData