Tata Motors Plans To Venture Into Public Transportation
News: Tata Motors Indonesia (TMI) is planning to enter the domestic small-engine commercial and public transportation vehicle market. This comes after the carmaker launched its passenger car models in Indonesia in September. The carmaker is also planning to launch the Tata Super Ace and the Xenon pick-up truck by the end of November.
BMI View: Tata Motors ' expansion in the Indonesian market makes the Indian firm well poised to target the fast growing CV segment. Tata is the third-largest bus and fourth-largest truck manufacturer by volume globally.