BW Businessworld Ford, Mahindra To Scrap Proposed Automotive Joint Venture While Ford said it will continue its independent operations in India as it is, M&M said the decision will not have any impact on the company's product plan. Photo Credit : US auto major Ford Motor Co and India's Mahindra & Mahindra (M&M) on Friday said they have decided to scrap a previously announced automotive joint venture citing fundamental changes in global economic and business conditions caused, in part, by the coronavirus pandemic. While Ford said it will continue its independent operations in India as it is, M&M said the decision will not have any impact on the company's product plan.