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World Business News |
Chennai News
Friday, March 25, 2005 (Kuala Lumpur):
India's leading carmaker Tata Motors is looking into selling
passenger cars in Malaysia, a media report said today.
The automaker already assembles and sells commercial trucks
in Malaysia, but wants to expand sales to its passenger car
line.
Initial market surveys in Malaysia have been positive and "we
hope for something to materialise over next year," V.
Sumantran, the executive director of Tata's passenger car
business unit, was quoted as saying by a news agency.
The Malaysian market is well suited for the company's Indica
hatchback and the Indigo sedan, as well as the Marina compact
station wagon and the Safari four-wheel drive, Sumantran said
in an interview during a recent visit to Malaysia.
Sumantran said Tata was also evaluating whether to bring its
cars to Malaysia as completely knocked down (CKU) or
completely built up (CBU) units.
"For instance, when we entered South Africa, people told us
that you can't go in without being a local assembler. But so
far, we have been going on successfully in South Africa," he
said.
Tata currently has a tie-up with local conglomerate DRB-Hicom,
which assembles the Indian company's commercial trucks here.
(AP)
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