Tata will open auto assembly plant in SA

By Bizclik Editor

Indian carmakers Tata has announced plans to build an auto assembly plant in South Africa, starting this month.

 The owner of Jaguar Land Rover has enjoyed a massive annual profit, reporting an almost fourfold

increase, and the facility is reported to be in Pretoria, although the company has released no further details as yet.

 

 

READ MORE FROM THE WDM CONTENT NETWORK

To read the latest edition of African Business Review, click here.

 

"We’re not giving out any details now, but it's been in the planning for some time to build an assembly plant in SA," said Mumbai-based spokesman Debasis Ray.

 

"We're very excited that it's got to the point that it's come to fruition. We're on the doorstep of a major milestone."

 

Tat Motors makes the world’s cheapest car, the Nano, and is sure to target the local African market.

Share

Featured Articles

Musk’s multibillion hostile Twitter takeover – the timeline

As billionaire entrepreneur Elon Musk buys Twitter for US$44bn, we draw up a timeline, from the buying of shares to the critical tweets and unsolicited bid

Sustainable moves businesses can make to win customers, IBM

With half of consumers saying environmental sustainability is more important today than a year ago, businesses should up their eco action, says IBM report

Banks and consultancies top workplaces to grow career in UK

Financial and professional services firms rank highest in LinkedIn Top 25 best workplaces list – from Barclays, Lloyds and HSBC, to PwC, Deloitte and EY

Top 10 women in technology in Europe

Leadership & Strategy

The value of ESG links sustainability to business returns

Sustainability

Top 10 European football clubs by revenue 2022 – Deloitte

Corporate Finance