News: Ford India MD to step down by month end

Leadership

Ford India MD to step down by month end

Anurag Mehrotra who is currently President and Managing Director of Ford India, is set to leave the company by the end of the month. Meanwhile, Balasundaram Radhakrishnan (Bala), who is currently Director, Manufacturing, Ford India Pvt Ltd (FIPL) has been appointed to the role of transformation officer of the company.
Ford India MD to step down by month end

Ford Motor Co's India head Anurag Mehrotra has quit the company, days after the US automaker announced that would stop manufacturing cars in India.

Anurag who is currently President and Managing Director of Ford India, is set to leave the company by the end of the month. Meanwhile, Balasundaram Radhakrishnan (Bala), who is currently Director, Manufacturing, Ford India Pvt Ltd (FIPL) has been appointed to the role of transformation officer of the company as per a company spokesperson.

"Bala will oversee and drive the transformation efforts associated with the restructuring," as per the spokesperson who added that the company was committed to supporting customers and partners in India.

Ford announced its decision to exit India after nearly three decades of struggling to make a mark in India and incurring losses of over $2 Bn in the country. Going forward, it would stop vehicle production at its two plants in the country and will sell only imported vehicles going ahead as part of a restructuring exercise. The automaker will wind down vehicle assembly in Sanand by the fourth quarter of 2021 and vehicle and engine manufacturing in Chennai by the second quarter of 2022. However, it will continue to manufacture engines from its Sanand plant to be exported to the company's global operations.

This restructuring impacts over 4,000 employees and 150 dealer principals who operate over 300 outlets. The focus would be now on growing its Ford Business Solutions capabilities and team in the country, as well as engineering and engine manufacturing for export. This includes providing more opportunities for software developers, data scientists, R&D engineers, and finance and accounting professionals, as part of the Ford+ plan to transform and modernise Ford globally. How these plans unfold will be watched with keen interest. 

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Topics: Leadership, #Movements

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