Tata Motors is studying selling its cars in Indonesia, a senior company official said on Thursday.
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Motorcycle makers Bajaj Auto and TVS Motor already have production plants in the country, the Economic Times of India said.
“We have a whole spectrum of products. We’ll see what the market requires. We plan to look at this market very seriously,” said Amarjit Singh Puri, Tata’s senior general manager for government affairs and collaborations, was quoted as saying.
“We need to identify which segment we should bring in and what products we should bring in. We’ve just started the feasibility study. It could take between three to six months.”
Tata has a plant in Thailand and has sold nearly 600 one tonne pick up trucks since entering that market about a year ago.
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By GlobalDataDilip Chenoy, director general of the Society of Indian Automobile Manufacturers (SIAM), said there were several Indian car manufacturers interested in Indonesia because of the country’s stable economy.
“Indonesia’s economy is still positive. And it’s a growing market,” said Chenoy.
Indonesia, along with China and India, posted positive growth in the first quarter of this year. The economy expanded 4.4% in the first quarter and is estimated to have grown by 3.7% in the second quarter.
Domestic car sales in Southeast Asia’s biggest economy are expected to reach 450,000 units in 2009.
Tata and Fiat have said they will jointly market the Nano in Brazil
