-3.55 (-1.08%) Tata Motors has exported 240 trucks to Bangladesh using coastal shipping services. A vessel carrying 240 trucks was flagged off by the Kolkata Port Trust (KoPT) on November 23 and is expected to reach Mongla Port in Bangladesh in approximately two days.
The coastal shipping initiative will help the auto-maker bypass the congested land border route through Petrapole-Benapole and optimise market potential in Bangladesh.
Tata Motors is India's largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.