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THAILAND
Investment/Automotive
July 18, 2007

Green light for Tata truck project
India's top bus and truck maker, Tata Motors won Thai government approval on July 18 to produce a redesigned pick-up truck in Thailand, where it has a joint venture with Thonburi Assembly, Reuters reported.

Tata Motors (Thailand) Ltd, owned 70% by the Indian company, planned to invest 1.3 billion baht (US$39 million) in the project to produce up to 35,000 1-tonne trucks a year, the state-run Board of Investment said in a statement.

It said 80% of the trucks, to be manufactured at Thonburi's existing assembly plant in suburban Bangkok, would be sold in the domestic market. Tata said in March the truck, fitted with a 2.2-litre diesel engine, would be offered in several versions. Tata, which has about 60% of India's bus and truck market, unveiled the pick-up at the Geneva Auto Show early this year.

The redesigned pick-up, to be built with at least 54% Thai content, will also be exported to Europe, Africa and Southeast Asia. Reuters

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