Tata Motors increasing its presence in the Armoured Vehicles segment, looking beyond India.
Tata Motors and PT Pindad, signed a Memorandum of Understanding (MoU) for cooperation, to explore market potential of Tata Armoured Vehicles in Indonesia and other agreed regions of ASEAN.
The MoU further includes a study to check the feasibility of locally assembling Tata Armoured Vehicles at PT Pindad’s facility, in Bandung in West Java province of Indonesia.
Tata Motors forayed in Indonesian automotive market in 2012 and now currently retails Tata Ace EX2, Ace Super and Xenon pick-up.
Tata Motors has laid emphasis on the development of combat vehicle technologies and systems, with the aim of empowering defence forces with breakthrough technologies, for high mobility, fire power and protection.
PT Pindad is an Indonesian state-owned enterprise specializing in military and commercial products. PT Pindad provides the main weapon systems (Alat Utama Sistem Senjata or Alutsista) required to support independence in defence and security of the Republic of Indonesia.
Commenting on the occasion, Biswadev Sengupta, President Director of Tata Motors Indonesia, a subsidiary of Tata Motors Ltd – Agent licensee (APM) of Tata Motors brand in Indonesia, said,
“This is a very important milestone for Tata Motors operations in Indonesia and is a matter of pride to be able to co-operate with PT Pindad, which is held in high esteem by the Indonesian community. I am sure that through this arrangement, we can create a lot of value in Indonesia, a market which we are committed to in the long term.”
Biswadev further added “This foray into the defense business in Indonesia, is in continuation with the strides made in the logistics business in the country, where more than 3000 Tata vehicles are already on the road, covering Pickups, Light Trucks, Buses and Heavy Trucks.”