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TATA see big growth in Thailand |
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For our first product into Thailand: Tata has carried out extensive research in the ASEAN region and found Thailand to be an ideal hub for manufacturing with its strong supplier base, high quality conscious work force and strong auto policy. For our first venture, we have made an investment of over 1.3 billion baht for manufacturing the 1 ton pickup. This will be the first in a series of investments we will be making to introduce a range of high quality products using the latest technology specifically catering to the Thai customer needs. We have already applied for the Eco Car project and will announce major investment once the project is approved. We are strongly committed to the Thai market. Tata Motors is India’s largest automobile company, with revenues of USD 7.2 billion in 2006-07. With over 4 million Tata vehicles plying in India, it is the leader in commercial vehicles and the second largest in passenger vehicles. It is also the world’s fifth largest medium and heavy truck manufacturer and the second largest heavy bus manufacturer.
Tata cars, buses and trucks ware being marketed in several countries in
Europe, Africa, the Middle East, South Asia, South East Asia and South
America. |
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ASEAN Autobiz April 2008 |
