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Tata Motors, India's biggest automotive company signed a distribution, supply and technology license agreement for commercial vehicles with Vietnam-based TMT Motors.
Tata Motors will supply completely knocked down (CKD) and completely built unit (CBU) vehicles to TMT in Vietnam.
Ravi Pisharody, Executive Director, Commercial Vehicles Business Unit, Tata Motors said "Our foray into Vietnam is an important step in our continuing journey to become a truly global player and in particular our focus on the ASEAN region after our recent entry into Indonesia, Philippines and Malaysia.
Tata Motors with a wide range of products suited for the Vietnam market, will be able to offer the customers of Vietnam, an excellent choice with a blend of high performance, economy and the latest technology in-built into the products."
