Tata
Motors enters South Africa
Financial Express —
June 22, 2004
Tata
Motors has made a foray into South Africa with a range
of passenger cars, utility vehicles, pick-ups, trucks
and buses for the South African market. Tata Africa,
which has a presence in the region for over thirty years,
have also announced a joint venture tie-up with the
Imperial Group for distribution and marketing of the
pick-ups in this range. This is expected to be a forerunner
for more cooperation between the two organisations,
according to a Tata Motors release.
The pick-ups, light trucks and buses will be available
immediately for sale in South Africa, while the other
products will be launched in the coming months. The
vehicles have been manufactured based on feedback from
experience of operations in several countries, including
the African market. Tata Group chairman Ratan Tata and
minister in the office of the President Essop Pahad
were present on the occasion. Tata Sons director Syamal
Gupta, Tata Africa managing director Raman Dhawan, Tata
Motors executive director (commercial vehicle business
unit) Ravi Kant and Imperial Group CEO Bill Lynch were
present on the occasion.
|
|