The Favor

In 1999 Tata Motors considered selling its young car business to Ford. Pravin Kadle, who was in the Tata team, later described the meeting in Detroit: “For nearly three hours, we discussed the sell-off with Ford officials but were meted out humiliating treatment.”

In 2008 Tata Motors bought Jaguar Land Rover from Ford for 2.3 billion dollars. Ford’s chairman Bill Ford reportedly told Tata: “You are doing us a big favour by buying JLR.” The account comes from people present, not from any record.

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