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Tata Motors may use MG Rover tie-up for exports of Indigo
Financial Express 
— September 20, 2004

Riding high on the success of its first sedan Tata Indigo, Tata Motors may extend the existing product agreement with MG Rover of the UK for exporting the car to various European countries. S Krishnan, head, car product group, Tata Motors, said that there were definite plans to export the Tata Indigo sedan and Tata Indigo Marina, a station wagon in the 'C' segment, to Europe.

Asked whether the present arrangement with Rover would be utilised for this purpose, Mr Krishnan said that discussions in this regard might take place at a certain point of time. Through the Rover tie-up, Tata Motors exported 7,000 Tata Indicas to Europe last year, Mr Krishnan said. Tata Indica was also being sold in Malta and Bangladesh. He said that the company was now eyeing the South African car market in a big way which had a huge potential. 

In the first five months of the current financial year, the company posted 29% growth in sales. For the full year, the expected growth would be between 15% to 20%. Asked about the status of the Rs one lakh car project, which was announced by Tata Motors chairman Ratan Tata almost a year back, Mr Krishnan said that it was still at the research and development stage.

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