Riding on the recent Indo-ASEAN free-trade agreement (FTA) on goods, the Indian automotive sector is keen on establishing a presence in
According to the recent agreement, the import duty on Indian automobiles will progressively come down to five per cent.
According to the Indian Ambassador in
“In fact, when the FTA was signed, one of the first communications I received was from Maruti Suzuki,” he said.
“Tata Motors is in the process of appointing a dealership in Indonesia,” he said, adding that the company had earlier showcased an SUV, a pick-up vehicle and a sedan at the ‘Made-in India' exhibition in Jakarta in 2009.
The Indian envoy is currently in communication with the Federation of Indian Chambers of Commerce of India (FICCI) to persuade Tata Motors to showcase the Nano in the next ‘Made-in India' exhibition scheduled in 2011. Comments were not available from Tata Motors in this regard.
Meanwhile, Indian companies, namely Bajaj Auto and TVS Motors, are reportedly expanding their reach in the two-wheeler market in the country.
While Bajaj Auto has a long-standing presence in
“The Indonesian automotive market is traditionally dominated by the Japanese companies and is extremely mature. To this effect, Indian companies are methodical in establishing the necessary service infrastructure across the country before pushing up sales,” he said.
In the automotive ancillary sector, Minda and Precol have already set up facilities in
Friday, May 14, 2010
Indian auto cos set their sights on Indonesia
Industry Research Reports
LIC Term Insurance or Pvt Life Insurance Term Plan ? Which is the best term insurance in India ? Which Insurance company has the best cla...
આજકાલ કોઈપણ સમસ્યા હોય લોકો એન્ટિબાયોટિક્સ અંગ્રેજી દવાઓ લેવાનું વધુ પસંદ કરતાં હોય છે કારણ કે આજની પેઢીને આપણા જુનવાણી નુસખા વિશે જાણ હોત...
http://www.livemint.com/2007/12/13162756/SBI-UTI-MFs-to-manage-post-of.html New Delhi: Government has appointed PSU mutual funds UTI MF a...
સુરતી લોચો બનાવવાની રીત Surati Locho - સુરતી લોચો લોચો એ ગુજરાતની સૌથી સ્વાદિષ્ટ ચટપટી ખાવાની ચીજો પૈકીની એક ચીજ છે. લોચો બનાવવાની ...
i-Develop Multibagger Stock Performance last year Enter Date Exit Date Bse Code Scri...
NTPC and RIL are fighting a case in the Bombay High Court over gas pricing for the former's Kawas and Gandar power plants....
Global private equity giant The Blackstone Group has announced that it has bought a majority stake in CMS Computers Ltd. Black...
નવાઝ શરીફ સાથે મુલાકાત બપોરે પાકિસ્તાનના વડાપ્રધાન નવાઝ શરીફ અને નરેન્દ્ર મોદી વચ્ચે વાતચીત થઈ ગઈ હતી. બંને નેતાએ લગભગ 26 સેકન્ડ સુધી ...