Tata Motors, Myanmar Auto ink pact for heavy truck plant

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Tata Motors has signed a turnkey contract with Myanmar Automobile & Diesel Industries, an enterprise under the Government of Myanmar's Ministry of Industry, reports CNBC-TV18.

 

The contract is for setting up a heavy truck plant, at Magwe, approximately 480 km from Yangon, funded by a line of credit from the Government of India. The facilities planned at the plant include a highly flexible chassis and frame assembly line along with a cab manufacturing, painting and trimming set-up.

 

The plant is expected to become operational by the last quarter of 2010-11, with a capacity of 1,000 vehicles per year. The capacity can be expanded to 5,000 units.