The Times of India reports that Tata Motors is considering setting up base in Thailand with an assembly facility for pick-up trucks. The newspaper said that sources said the firm is keen on setting up a facility in Thailand, which is the second largest producer of pick-up trucks in the world.
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The report noted that the Thai government is keen to retain its leadership position in the pick-up truck business, and is targeting an annual output of 700,000 units of one-tonne pick-up trucks by 2006 from 229,000 units manufactured last year.
Tata Motors’ 207 pick-up might be introduced in Thailand, the newspaper said.
The firm is also in talks with several auto manufacturers in China for a joint venture.
