Hello,
JV is already formed and apart from core strength of existing Models
> Ford
> Mahindra
this JV will introduce new models along with leveraging the strength. Like
> Ford Ecosport - also to feature in XUV300 Turbo Petrol Engine in near future
> A new MId SUV - in Creta-Seltos Segment will feature in 2021
> A New 5 Seater SUV in Harrier, Compass, Hector Segment will also feature in 2021
So there are no plans as such of Ford exit from India, its just that JV will be used to develop future models, and possibly we may also see synergy in after sales workshop too in near future
Hope should help !!