Click it and Unblock the Notifications
Tata Motors To Build CVs in South Africa
The spokesperson did not reveal much details about Tata Motors new plant in South Africa. Tata Motors had earlier revealed that it would be assembling small and medium-sized commercial vehicles in South Africa. Details about the investments made and production capacity has not been revealed.
Tata Motors has been exporting its commercial vehicles to South Africa. With its new plant, the Indian carmaker extends its area of influence. Tata already has truck assembling plants in Thailand and Bangladesh.
Tata Motors began its operations in South Africa by buying a truck facility from Japanese auto firm Nissan, through its subsidiary Tata Africa. It also owns a bus body building unit.
Tata Motors commercial vehicle division is looking at global opportunities. It is also planning set up subsidiaries in Latin America and other emerging markets. Exports have been increasing consistently over the years. Tata Motor's exports in June increased 20.65 per cent to 5,094 units.
Continue with Google