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    Tata Motors enter Indonesian market with fully owned subsidiary

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    Venkat Desirazu

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    Tata Motors enter Indonesian market with fully owned subsidiary

    Tata Motors has commenced operations in Indonesia through its wholly owned subsidiary based in Jakarta called, PT Tata Motors Indonesia. Through this new venture, Tata plans to sell both passenger cars and commercial vehicles in the South Asian market.

    The commercial launch for the venture and commencement of CKD operations are expected to begin by 2013; in the meantime Tata is expects to have around 10 to 15 dealers across the country. Over next three years the company plans to establish a country-wide network of about 60 full-service dealers, about 100 other workshops and about 300 more spare parts retailers. Tata is also evaluating options for setting up a manufacturing base in Indonesia to serve the country and the ASEAN region. 

    Speaking on the venture, Karl Slym, MD, Tata Motors 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.

     

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