Tata plans to enter Russian market with diverse products
Pti, Moscow
As part of its global growth strategy, India's largest automaker Tata Motors are planning to enter the Russian market with diverse range of its products."Russia is a focus market in Tata Motors' global growth strategy. We have decided to enter Russia not just to sell our vehicles but also to be part of the Russian economy and grow with our customers by offering the best value proposition through products and services," head of Tata Motors' International Business PG Shankar told PTI here Thursday. Shankar said Tata Motors, which has already successfully launched assembly of LPT 613 light commercial vehicles (LCV) with their Russian partner AMUR, plans to enter the local market with a diverse range of small, medium and heavy trucks and buses. "Over 500 LCV capable of carrying five ton load are already on the Russian roads and next year we plan to assemble 1000 trucks with AMUR, our partner," Shankar, who looks after the commercial vehicles unit of the company, said on the sidelines of the Moscow International Automobile Salon which opened here Thursday. Tata Motors hope to sell about 6000 commercial vehicles per annum over the next three years, he said. "We are also exploring opportunities for investments in product development, marketing and even manufacturing. We have a long term vision and Tata Motors are here to stay," Shankar said adding that they have already localised 55-60 per cent of their LCV assembly in Russia. He said Tata Motors were assembling the Telcoline pickups and passenger buses in Russia on the chassis of Tata LP 613 in arrangement with the Nizhniy Novgorod-based Samotlor NN, and Volgograd-based Volzhanin. For the first time Tata Motors have put up an impressive display of a whole range of their passenger cars, including Indica hatchback, Indigo Sedan and Station Wagon at Moscow Auto show, drawing crowds.
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