Tata Motors has entered into partnership with DRB-HICOM, Malaysia’s biggest conglomerate, for the import, distribution and assembly of Tata Motors Commercial Vehicles in Malaysia, an important milestone in the continued expansion of the company's global footprint.
As part of the agreement, Tata Motors has inked a Distribution Agreement (DA) and Technology License Agreement (TLA) with USF-HICOM (Malaysia) Sdn. Bhd., a subsidiary of DRB-HICOM Berhad. The auto major has also signed another Importation Agreement (IA) with another DRB-HICOM subsidiary, DRB-HICOM Auto Solution Sdn. Bhd. (DHAS) and USF-HICOM.
The signing of the strategic and dynamic partnership would pave the way for a mutually beneficial collaboration between Tata Motors and DRB-HICOM, and will offer various synergies for all parties involved. The agreements will enable DRB-HICOM via USF-HICOM to become the exclusive distributor of selected Tata commercial vehicles, as well as expand its vehicle assembly business and distribution network in Malaysia.
Meanwhile, the Importation Agreement will enable DRB-HICOM via DHAS to become the exclusive importer and logistics service provider for Tata Motors Completely Knocked Down (CKD) and Completely Built Unit (CBU) vehicles in Malaysia.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 346.10 |
| Maruti Suzuki | 13482.30 |
| Mahindra & Mahindra | 3244.65 |
| Hyundai Motor India | 1907.10 |
| Mercury Metals | 30.92 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: