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Jun 12, 2012, 06.05 PM IST
Tata vehicles will now be available in Myanmar
Tata Motors have signed a distribution agreement with Apex Greatest Industrial Co Ltd (AGI), for supplying its passenger and commercial vehicles in Myanmar. AGI will be distributing the Tata trucks which will be assembled in Magwe as also the cars imported from India. The Magwe facility has been set up by Tata Motors on behalf of the Myanmar government, when it had signed a similar pact in 2010 Myanma Automobile & Diesel Industries Limited (MADI) for heavy trucks assembly. The plant has a capacity of producing 1,000 vehicles per annum initially and has the flexibility of augmenting up to 5,000 each year. It has a chassis and assembly line along with paint shop, cab manufacturing and trimming set-up.
The purchase and sale agreement was signed on May 26, at Myanmar's capital city of Nay Pyi Taw, by R. T. Wasan, head - international business (commercial vehicles) and Johnny Oommen, head - international business (passenger vehicles), on behalf of Tata Motors and the chairman of AGI Myanmar, U Kyi Thein.
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