Asia Bizz: Indian auto manufacturing giant Tata Motors on Thursday, announced that operations for an commercial vehicles assembly plant in South Africa will commence in the days ahead.
A spokesperson from Tata Motors said in a statement that the company has already set up an assembly plant in South Africa, which is a commercial vehicle and the details of the operations of the plant will be revealed in the next few days. No details were shared about the capacity of the plant. The spokesperson also refused to share the amount that has been invested for the construction of the plant.
In the month of January 2011, the managing director of Tata Motors, PM Telang had announced that they would work on the assembling of small and medium-sized trucks in the plant. At present, the company has assembly units in Thailand and Bangladesh.
Tata Motors exports commercial as well as passenger vehicles to South Africa. Currently, the company is under the process of setting up the subsidies in the important overseas market, which includes Latin America. Earlier, Tata Africa had got a truck facility in South Africa from Nissan, which is the Japanese auto manufacturer. In June 2011, the exports of the company increased by 20.65 percent.