The firm is the latest big car firm to leave India in recent years.
In 2017, General Motors (GM) stopped making cars for the Indian market.
And last year, Harley-Davidson stopping manufacturing and massively scaled back its sales operations in what is the world’s biggest motorcycle market.
Ford, which manufactured five models for the local market, said it would continue to provide maintenance services, parts and warranty support to existing customers.
Ford would also “shift to iconic global vehicles and electrified SUVs in the future”, the statement said, although it was not clear whether they would be made in India.
Read more here.