Tata Motors may build a car manufacturing plant in Egypt according to a report in the Business Standard newspaper.
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Tata has held talks with a delegation from Egypt, which is visiting India on an investment and tourism promotion drive, the newspaper said.
“Besides the car business, the Tata (group) has also evinced interest in making investments in petroleum and gas in Egypt,” Nagui Erian, a member of the delegation, told the paper.
Tata Motors has a joint venture with Fiat to make cars and engines in India and a separate venture to make pick-up trucks in Argentina.
The firm is planning to roll out a low-cost small car for the Indian market in 2008.
