3.80 (1.09%) Tata Motors, the country’s largest carmaker is planning to introduce Ace assembly venture in Indonesia. It aims to start assembly of the successful Ace range of light commercial vehicles.
The company will assemble Ace model in the south-east Asian country. The knocked down kits of Ace, meant for assembly in Indonesia will be supplied from India. This will later be followed by passenger vehicles.
In November 2010, the company has launched the Ace branded as “Ace Super City Giant” in Thailand. It has an assembly plant in Bangkok as a joint venture with the Thonburi Group which assembles pick-up trucks for the Thai market.