Tata Motors is to make a foray into the Vietnam market and has signed a distribution agreement with TMT Joint Stock Company of Vietnam.
15 May 2015 | 7712 Views | By Autocar Professional Bureau
Tata Motors is to make a foray into the Vietnam market and has signed a distribution agreement with TMT Joint Stock Company of Vietnam. TMT Motor is said to be a leading company in the manufacture, assembly and distribution of CVs in Vietnam.
Tata Motors will supply Completely Knocked ...
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Tata Motors is to make a foray into the Vietnam market and has signed a distribution agreement with TMT Joint Stock Company of Vietnam. TMT Motor is said to be a leading company in the manufacture, assembly and distribution of CVs in Vietnam.
Tata Motors will supply Completely Knocked Down (CKD) and Completely Built Unit (CBU) vehicles to TMT 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, the 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 latest technology in-built into the products.”