Afternoon Coffee: Ford Opens India Production Plant, Another Oil Company Cuts Spending Kaitlyn McAvoy - March 26, 2015 12:14 PM | Categories: Afternoon Coffee | Tags: General News Ford Motor Co. opened its $1 billion plant in India this week. The car maker plans to triple its exports from the country. PetroChina Co. is cutting its spending plans by 8.8% this year, following a 17% drop in 2014 profits due to falling oil prices. Procurement software vendor Vroozi has partnered with DocuSign, Inc. to “provide customers with a fully digital solution for managing procurement processes to accelerate contracts while increasing transparency, security and compliance.” BravoSolution announced 2014 financial results recently, stating the company earned more than $77 million for the year – representing the 14th consecutive year of growth. SIGN UP for the Spend Matters newsletter Dirty Rotten Spendrels Discuss this: Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Notify me of follow-up comments by email. Notify me of new posts by email.