Why did ‘Ford Motor Company’ want to develop Ford India as a component supplying base for its other plants across the globe ? -SST 10th

Why did ‘Ford Motor Company’ want to develop Ford India as a component supplying base for its other plants across the globe ? -SST 10th
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Answer :

Ford Motors want to develop Ford India as a component supplying base for its other plants across the globe:  (i) A number of local manufacturers are supplying components to their Chennai plant and the MNCs feel that they can supply components to other plants across the globe.  (ii) Cost of labour and material is very low in India.  (iii) The components can be easily supplied to other MNC car manufacturers in India and China.
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