What is foreign investment? How much did Ford Motors invest in India? – InterviewSolution

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What is foreign investment? How much did Ford Motors invest in India?

Answer»

1. The money that MNCs spent to buy assets such as land, building, machines and other equipment is called foreign investment.

2. Ford motors came to India in 1995.

3. It spent Rs.1700 crore to set up a large plant near Chennai.

4. This was done in collaboration with Mahindra and Mahindra, a major Indian manufacturer of jeeps and trucks.

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