Ford India Private Limited is a wholly owned subsidiary of the Ford Motor Company in India. Ford India Private Limited's headquarters are in Maraimalai Nagar, Chennai, Tamil Nadu. It currently is the sixth largest car maker in India after Maruti Suzuki, Hyundai, Tata, Mahindra. Ford India Private Limited began production in 1926, but was shut down in 1954 as the company was in loss. Ford re-entered the market in October 1995 as Mahindra Ford India Limited (MFIL), a 50-50 joint venture with Mahindra & Mahindra Limited. Ford increased its interest to 72% in March 1998 and renamed the company Ford India Private Limited. Ford India currently exports 40 percent of its engine production and 25 percent of its car production to 35 countries, some of them are, South Africa, Nepal, Mexico, Kenya, Bahrain, Angola, Bermuda, Ghana, Iraq, Liberia, Lebanon, Malawi, Madagascar, Mauritius, Nigeria, Senegal, Tanzania, UAE, Zambia and Zimbabwe.