Company plans to expand its presence in South-East Asia
TATA MOTORS,THE INDIANautomotive giant, recently entered the Indonesian car market, where it intends to sell commercial as well as passenger vehicles.
The wholly owned subsidiary of Tata Motors in Indonesia will be called PT Tata Motors and, in 2013, the company will initiate the launch of its products. Tata Motors are also looking at setting up a production facility there in order to localise production. Initially, the company will have about 10 to 15 dealers and, over the next three years, it hopes to expand this network to 60.
On this occasion, recently appointed Tata Motors MD Karl Slym said, “We are happy and honoured to be in Indonesia. As elsewhere in the world and as is the Tata practice, we will function in Indonesia as an Indonesian company, responsive to and inspired by the needs and aspirations of the Indonesian customer and contributing to the communities among which we operate. We will establish deeply rooted local operations and will grow in tandem with the prosperity of the country and its people.”
