*Tata Motors enters into distribution agreement in Myanmar* Tata Motors has entered into an agreement with Apex Greatest Industrial Co Ltd. (AGI), Myanmar, for the distribution of Tata Motors' commercial vehicles and passenger cars in Myanmar.
The purchase & sale agreement was signed on May 26, at Myanmar's capital city of Nay Pyi Taw, by Mr. R. T. Wasan, Head - International Business (Commercial Vehicles) and Mr. Johnny Oommen, Head - International Business (Passenger Vehicles), on behalf of Tata Motors, and the Chairman of AGI Myanmar, Mr. U Kyi Thein. In March 2010, Tata Motors had signed a turnkey contract with Myanma Automobile & Diesel Industries Limited (MADI), an enterprise under the Government of Myanmar's Ministry of Industry-2, for setting up a heavy truck assembly plant, at Magwe, in central Myanmar, funded by a US$ 20 million Line of Credit from the Government of India. The plant, inaugurated in December 2010, is now operational. With a highly flexible chassis & frame assembly line, along with cab manufacturing, paint shop and trimming set-up, the plant has a capacity of producing 1,000 vehicles per annum initially and has the flexibility of augmenting up to 5,000 per year. On Sat, May 26, 2012 at 3:38 PM, RAJESH DESAI <[email protected]> wrote: > *Webcast of Press Conference and Analyst Meet of Tata Motors' Annual > Consolidated Business Results for FY 11-12 ended on March 31st 2012* > > Dear Mr. RAJESH DESAI, > > Tata Motors invites you to view the Live Webcast of the Press Conference > and Analyst meet to discuss Tata Motors' Audited Financial Results for FY > 2011 -12 on 29th May 2012 at 4:30 PM IST (GMT + 5:30) and 6:30 PM IST (GMT > + 5:30) respectively. > > Please Click Here <http://www.tatamotors.com/instruction.htm> to view the > instructions. > > > > -- > CA. Rajesh Desai > > -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
