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Podcast: In Focus by The Hindu
Episode: Why won’t Ford ‘Make in India’ anymore? | In Focus
Description: On September 9, American automobile major Ford announced that it was shutting down manufacturing operations in India, leading to the loss of around 4,000 jobs. Ford is only the latest in a series of automobile companies who came to India with great expectations, but decided to leave in a few years. This runs counter to our government’s Make-in-India initiative, which aims to turn India into a preferred global destination for manufacturing.What exactly is ailing India’s automobile sector? Is there a mismatch between production capacity and consumer demand? Are there regulatory issues? Or are there other constraints that...