Tata Motors Passenger Vehicles Ltd.

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Tata Motors set to ride into Mexico

Date: 19-08-2010

Tata Motors Ltd is likely to set up a Rs 1,200 crore factory in Mexico this year in a bid to sell its vehicles in South America. The plant will churn out 100,000 cars a year, assembling models such as the Nano, Indica Vista and Indigo Manza to be sold in Mexico, Brazil and Argentina, among other countries. The capacity may later be ramped up to 300,000 cars.

 

S. Krishnan, senior vice-president (commercial) for the company’s passenger car business unit, is likely to head Tata Motors’ Latin American operations, which includes Mexico. Tata Motors markets its commercial and passenger vehicles in many parts of Europe, Africa, West Asia, South-East Asia, South Asia and South America. The company is also present in the UK, South Korea and Spain through subsidiaries and associate companies.crackcrack