The Tata group has announced the establishment of a new office premises in Yangon, strengthening its presence in Myanmar, the company said in a statement on 22 September. The office, set up by Tata International, will be a central hub for Tata companies, and will further enhance and strengthen the group’s engagement with stakeholders in […]
Tata Group set to focus on Vietnam, Myanmar
MUMBAI: At least seven companies of India’s oldest conglomerate, Tata Sons, have zeroed in on Vietnam and Myanmar as markets that need to be penetrated into. Growing economies and an expanding middle class, as well as pacts with global powers and tax incentives have made these countries important for firms that seek to reach out […]
India’s Tata Faces Challenge in Myanmar’s Japan-Dominated Car Market
YANGON — Tata Motors is facing a challenge in the Myanmar auto market, which is currently dominated by second hand Japanese imports, the local distributor of India’s largest car maker said. Tata is looking to build a presence as the auto market in Myanmar opens up with relaxed import restrictions, and in 2010 it established […]
Myanmar: India Inc’s next big destination
Indian investments in the country stand at $273.50 mn, expected to soar to $2.6 bn Lighting Products Chalo Myanmar seems to be the new mantra of Indian industry, which is keen to tap the market there. From infrastructure to energy to aviation, Indian companies are trying to mark their presence in that country. Although a […]
Tata Motors to open showrooms and service centers in Myanmar
India’s Tata Motors will officially open car showroom and three service centers in Yangon in the near future, an official of Apex Greatest Industrial Co., Ltd said. The Apex Greatest Industrial Co., Ltd has got permission as a sale representative of Tata Motors since May last year and the company officially launched its car showrooms […]