India's largest automobile manufacturer Tata Motors on Tuesday announced it has ventured into Indonesia, one of South East Asia's largest automobile markets, by setting up a wholly-owned Jakarta-based subsidiary, PT Tata Motors Indonesia. It will start selling vehicles in the archipelago next year.
"Our research is showing that there is a large opportunity for Tata vehicles in Indonesia, with operating conditions and customer needs being very similar to those in India," said Biswadev Sengupta, president director, PT Tata Motors Indonesia. "We are very confident of providing smart mobility solutions. At present, our focus is on creating a very robust service and spares support network."
Tata has about 10-15 dealers nationwide, offering sales, service and spare parts. Over a period of three years, the company will set up a country-wide network of about 60 full-service dealers, about 100 other workshops and about 300 more spare parts retailers. It will sell both passenger cars as well as commercial vehicles in the country.