Kuala Lumpur: Shelving its expansion plans in Thailand and opting for fast-growing Indonesia, India's Tata Motors is in talks with a leading Indonesian automobile company to produce its popular no-frills Nano car. Indonesia appears to have gained an edge over Thailand as the production site for the Tata Nano, the world's cheapest car, the Bangkok Post said today, adding that Thailand was in contention to make the Nano since the Indian auto-maker has been producing its Xenon and Ace light trucks at its factory in Samut Prakanin since 2009. However, since Indonesia offered more attractive incentives, Tata decided to shelve the expansion plan in Thailand, the paper said, quoting unnamed sources. Quoting the source, the paper added that Tata was concerned about political stability in the country and also found the local automobile tax structure discouraging. Read Full : Tata Motors eyes Nano plant in Indonesia - Indian Express
Wednesday, 13 July 2011
Tata Motors eyes Nano plant in Indonesia - Indian Express
Kuala Lumpur: Shelving its expansion plans in Thailand and opting for fast-growing Indonesia, India's Tata Motors is in talks with a leading Indonesian automobile company to produce its popular no-frills Nano car. Indonesia appears to have gained an edge over Thailand as the production site for the Tata Nano, the world's cheapest car, the Bangkok Post said today, adding that Thailand was in contention to make the Nano since the Indian auto-maker has been producing its Xenon and Ace light trucks at its factory in Samut Prakanin since 2009. However, since Indonesia offered more attractive incentives, Tata decided to shelve the expansion plan in Thailand, the paper said, quoting unnamed sources. Quoting the source, the paper added that Tata was concerned about political stability in the country and also found the local automobile tax structure discouraging. Read Full : Tata Motors eyes Nano plant in Indonesia - Indian Express