MUMBAI, January 28, 2009: The state-of-the-art bus manufacturing facility of at Dharwad (Karnataka) has begun commercial production. Tata Marcopolo Motors Limited is a 51:49 joint venture of Tata Motors and Marcopolo of Brazil.
The Dharwad plant will cater to India’s growing need for world class fully built buses for intra-city and inter-city transportation with international standard comfort, quality and safety.
The Dharwad plant will cater to India’s growing need for world class fully built buses for intra-city and inter-city transportation with international standard comfort, quality and safety.
The plant will produce a comprehensive range of buses. The range, to be marketed under the ‘Starbus’ and ‘Globus’ brands, includes 16 to 54-seater standard buses, 18 and 45-seater luxury buses, luxury coaches and low-floor city buses.
The plant, spread over about 123 acres, will have a capacity to produce 30,000 units a year, to be achieved in phases. In 2009-10, the first full year of operation, production can be up to 15,000 units. The joint venture has already invested about Rs.200 crores. The plant, at full capacity, will generate over 6,500 direct jobs. It will be supported by a vendor park.
About Tata Motors
Tata Motors is India's largest automobile company, with revenues of US$ 8.8 billion in 2007-08. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand and Spain. Among them is Jaguar Land Rover, a business comprising the two iconic British brands. It also has a strategic alliance with Fiat. With over 4 million Tata vehicles plying in India, Tata Motors is the country’s market leader in commercial vehicles and among the top three in passenger vehicles. It is also the world's fourth largest truck manufacturer and the second largest bus manufacturer. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia and South America. (www.tatamotors.com )
About Tata Motors
Tata Motors is India's largest automobile company, with revenues of US$ 8.8 billion in 2007-08. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand and Spain. Among them is Jaguar Land Rover, a business comprising the two iconic British brands. It also has a strategic alliance with Fiat. With over 4 million Tata vehicles plying in India, Tata Motors is the country’s market leader in commercial vehicles and among the top three in passenger vehicles. It is also the world's fourth largest truck manufacturer and the second largest bus manufacturer. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia and South America. (www.tatamotors.com )
About Marcopolo
Founded in 1949, Marcopolo invests in technology, product improvement and environment. One of the largest manufacturers of bus bodies in the world, it produced about 19,000 units in 2008 with net revenues of US$ 1.2 billion. Marcopolo is also very active in developing parts and components for buses, and plastic products. Concerned about quality of life for its workers and for the communities where it operates, Marcopolo has grown along with its initiatives for education, citizenship and environmental management. Throughout its history it has created innovating projects, and today it is present in Brazil, Portugal, Argentina, Mexico, Colombia, South Africa, Russia and Egypt.
Source: www.tatamotors.com
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