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16 April, 2024 18:05 IST
Tata Motors expands range of commercial vehicles in Philippines
Source: IRIS | 27 Jul, 2017, 10.22AM
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Tata Motors, India's largest commercial vehicle manufacturer and among the top ten globally, launched a range of commercial vehicles in Philippines. The company is making headway in the Philippines market through a distribution agreement with local partners Pilipinas Taj Autogroup, Inc., an important business conglomerate engaged in the local distribution of motor vehicles. 

Through this partnership, Tata Motors will commence the supply of its commercial vehicle brands-the Tata Prima Range of Tractor Trailers and Tippers, the LPT range of Light, Medium and Heavy Trucks, SFC 407, and the Mini Trucks range of Ace and Super Ace.

Besides Philippines, Tata Motors commercial vehicles are present across several South-East Asian markets including Malaysia, Vietnam, Indonesia, and Thailand with manufacturing facilities in Vietnam, Thailand and Malaysia.

Rudrarup Maitra, Head (International Business), Commercial Vehicles, Tata Motors said, "Philippines is one of our key markets in South-East Asia and we are delighted to be a part of one of the fastest growing ASEAN nations. With years of experience in the commercial vehicle business, we at Tata Motors have analyzed and understood our customers well and are dedicated to providing them with best-in-class products and services. We are confident that through our trusted partnership with Pilipinas Taj Autogroup, Inc., we will be successful in establishing a long-term relationship with our customers."

Shares of the company gained Rs 2.05, or 0.45%, to trade at Rs 458.80. The total volume of shares traded was 32,477 at the BSE (10.14 a.m., Thursday).

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