Besides their country of origin, General Motors, Ford Motor and Harley-Davidson have another trait in common: all three have failed in India, the world’s fifth largest automobile market. All three of them took a tough call to de-prioritise India as a market amid disruption from heightened regulations and sharper focus on capital allocation by the parent.
The restructuring announced by Ford in India last week brings back the spotlight on why India’s auto market has remained an enigma for global auto majors, particularly those from the USA. Why is it that in the very same market that Asian companies have