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Home -> Finance -> Full Story

Tata Motors to launch Indica in China very soon
Wednesday, December 1 2004 16:18 Hrs (IST)

Beijing: India's largest automotive manufacturer, Tata Motors Limited today (Dec 1, 2004) said that it will launch its 1400cc 'Indica' family car in China "very soon" and was closely evaluating the best options to penetrate into the world's fastest growing auto market.

The company is also looking at launching a range of commercial vehicles in China as part of the plans to go global, Senior Company Executives said in Beijing.

"We have plans to bring Indica to China very soon," Divisional Manager, Passenger Car Business Unit of Tata Motors Limited, Ravi N Uchil said.

Uchil said that the company was currently conducting a through market study on how to enter the Chinese market. He said that the company was looking at various options available, either through a joint venture partner or independently.

A final decision on the route to be taken to enter China would be firmed up after studying all aspects of the market study, he said.

The Indica model would be promoted as a family car in China at an "affordable price," he said, adding that research has indicated that there is a growing demand for family cars in the world's most populous nation.

PTI