Ford expands supply chain in India and ChinaFord has announced that it has "big plans" to expand its supply chain in India and China.

"As part of our 'better plan' for the region we are investing in additional capacity, expanding our dealer networks and further developing our supply chain," said Joe Hinrichs, president of Ford Asia Pacific and Africa. "The growth potential in this part of the world in the next ten years is astounding. China will remain the largest car market in the world for the foreseeable future and we estimate India will be the third largest market in the world in the next ten years."

So far this year, Ford has sold 422,779 vehicles in the two countries, which indicates a 52 percent increase over the same period from last year. The company expects 70 percent of its growth over the next ten years to come from its Asia Pacific and Africa region, which encompasses markets including Australia, China, India, Thailand and South Africa.

In India, Ford has invested $500 million this year to double production capacity. In addition, the company is building two new vehicle plants in China - one in Chongqing with its joint venture Changan Ford Mazda Automotive, and one in Nanchang with Jiangling Motors. reports that Ford is also planning to launch eight new vehicles in India by 2015. Additionally, Ford India will export its Ford Figo subcompact to 50 new markets, including Mexico, North Africa and the United Arab Emirates.
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