Tata Daewoo Commercial Vehicle Company, a wholly-owned subsidiary of Tata Motors, has signed a technical assistance agreement with Pakistan-based Afzal Motors to assemble its vehicles in Pakistan.
After the takeover of Daewoo's truck division in South Korea, Tata group has changed its name to Tata Daewoo Commercial Vehicle Co Ltd and nominated Ravi Kant as chairman even as it introduced a heavy-duty truck model for the Korean market.
Tata Motors exports to South Africa, European countries, Bangladesh, Sri Lanka and Nepal.
The country's largest auto company reported a total sales of 75,775 units across its various international operations, which include Tata Motors, Tata Daewoo and the Hispano Carrocera range of commercial vehicles, Tata passenger vehicles and the British marquee brands Jaguar Land Rover.
The company has entered into a joint venture technical assistance agreement with Afzal Motors of Pakistan.
Tata Motors enters Pakistan through Korean subsidiary Tata Motors, India's largest automobile firm, announced on Friday its entry in Pakistan through its subsidiary Tata Daewoo Commercial Vehicle Co.
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