It has joined the bandwagon of various international auto majors such as General Motors Corporation (US) and DaimlerChrysler AG (Germany) which have similar outsourcing programmes for components. Link
India's domestic market is also important for the Swedish Motor Company. This is also one of the brands currently owned by Ford Motor Company. Like Volvo, Ford Motors also source critical components from India. Primarily engine parts are prepared in India along with other parts like “drive, transmission and steering parts (19 per cent), body and chassis (12 per cent), suspension and braking parts (12 per cent), equipment (10 per cent), electric parts (9 per cent) and other parts (7 per cent) account for the remaining automotive exports, ” informs one Indian site.
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