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Tata Motors inks distribution and supply pact with TMT

15 May 2015 Evaluate

Tata Motors has signed a distribution and supply pact with Vietnam’s TMT Joint Stock Company to mark its foray into the South-East Asian country. The agreements will enable TMT to become the distributor of select Tata Motors commercial vehicles, as well as expand its vehicle assembly business and distribution network in Vietnam.

As part of the pact, Tata Motors will supply completely knocked down (CKD) and completely built unit (CBU) vehicles to TMT in Vietnam, enabling TMT to further strengthen its position in the local automotive industry.

Tata Motors is India's largest automobile company, is the leader in commercial vehicles in each segment, and among the top in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is also the world's fourth largest truck and bus manufacturer.

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