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Tata Motors inks pact with TMT; forays into Vietnam market

luckych

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Tata Motors inks pact with TMT; forays into Vietnam market

As part of its business expansion plan, TMT Joint Stock Company signed a distribution, supply and technology license agreement with Tata MotorsBSE 0.59 % . The agreements will enable TMT to become the distributor of selected Tata Motors commercial vehicles, as well as expand its vehicle assembly business and distribution network in Vietnam.

"It is indeed an honour for us that Tata Motors, known to be among the world's top truck and bus manufacturers, has chosen to partner with TMT JSC to start this new chapter in their engagement with the Vietnam market. We at TMT JSC, intend to establish the TATA Motors brand, and promote its products and services, providing the best customer experience," said Bui Van Huu, Chairman of TMT

Ravi Pisharody, Executive Director, Commercial Vehicles Business Unit, Tata Motors said "Our foray into Vietnam is an important step in our continuing journey to become a truly global player and in particular our focus on the ASEAN region after our recent entry into Indonesia, Philippines and Malaysia. Tata Motors with a wide range of products suited for the Vietnam market, will be able to offer the customers of Vietnam, an excellent choice with a blend of high performance, economy and the lat ..

Read more at:
Tata Motors inks pact with TMT; forays into Vietnam market - The Economic Times
 
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