Ford Motor Company and Mahindra Group have agreed to a strategic alliance that will explore electrification, connected vehicles, and other new technologies.

Teams from both companies will collaborate and work together for a period of up to three years. Any further strategic cooperation between the two companies will be decided at the end of that period, the companies said in a statement this morning.

“Ford is committed to India and this alliance can help us deliver the best vehicles and services to customers while profitably growing in the world’s fifth largest vehicle market,” said Jim Farley, Ford executive vice president and president of Global Markets.

The collaboration strengthens Ford’s commitment to India, while facilitating Mahindra’s expansion into other emerging global markets.

This is not the first time the two companies have worked together. Twenty years ago, when India opened up its car market to foreign investment, Ford and Mahindra worked on a variety of projects. That partnership ended in 2005.

For its part, Mahindra has its fingers in many pies, owning majority stake in Ssangyong Motor Company in Korea, venturing into the shared mobility space with investments in ride sharing platforms, and developing products like the GenZe – the world’s first electric connected scooter.

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With the arrival of Jim Hackett at the helm, the Blue Oval has realigned some of its priorities, such as shifting production of the Ford Focus from Mexico to China and reaffirming the expected expenditure of $4.5 billion to introduce 18 new hybrids and EVs over the next five years.

Former boss Mark Fields had put the company’s Indian business under review. Three months ago, General Motors announced it was halting sales in the Indian market. Since June of this year, Ford has sold an average of 20,000 cars a month on the subcontinent.

India’s automotive market is expected to experience rapid growth, estimated to rank behind only China and the U.S. in terms of sales by the year 2020.