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Tata Motors says Thai production to begin early next year

Tata Motors says Thai production to begin early next year
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First Published: Thu, Dec 06 2007. 01 34 PM IST
Updated: Thu, Dec 06 2007. 01 34 PM IST
AFP
Bangkok: Leading auto maker Tata Motors said on 6 December it will begin production of pick-up trucks in Thailand early next year on the back of steady demand in Southeast Asia.
Tata Motors (Thailand), a subsidiary of the Indian company, will invest 1.3 billion baht (Rs150 crore, $38 million) to launch its first output base in the kingdom, the biggest auto market in Southeast Asia.
Tata Motors “will leverage its presence in Thailand to address other ASEAN markets. The pick-up is the first in a series of exciting products planned for the region,” the company said in a statement.
Production will begin in March 2008 with output capacity of 35,000 units per year, it said.
Thailand is the world’s biggest maker of one-tonne pick-up trucks.
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First Published: Thu, Dec 06 2007. 01 34 PM IST