Tata Motors (TML) will soon set up an assembly plant in Roslyn near
Though the time line has not been decided yet, the company plans to begin assembling its 25 tonne trucks there, followed by 19, 15 and 7 tonne commercial vehicles.
The Prima range of trucks will also be assembled there, along with buses and cars, in due course.
Sources said the company has already placed some people in
An industry expert said TML would be able to bring to the African market commercial vehicles at competitive prices and there will be a clear cost advantage when compared to the expensive European commercial vehicles. Also, since it is already exporting to the
An analyst with a domestic research firm said setting up an assembly line, paint shop and body shop for a production capacity of 50,000-60,000 units annually would need an investment of Rs 1,200-1,500 crore with debt of the same amount.
Mahantesh Sabarad, analyst, Fortune Equity Brokers India Ltd,
He added that TML might also look at assembling Daewoo commercial vehicles and Fiat cars in
So far, TML has plants in
Friday, May 14, 2010
Tata Motors lining up South African assembly unit
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