M a r k e t N e w s

Tata draws up plans for Kenyan vehicle market

Posted on : Thursday , 11th December 2014

India’s Tata Group yesterday said it is in talks with partners in Africa to set up new assembly lines for commercial and passenger vehicles in Kenya and Tunisia.

Tata Motors head of international business R.T. Wasan said that the company will form alliances to sell commercial vehicles in Africa.
“We have identified a few partners in Tunisia and Kenya,” said Wasan. “They will be assembling our small, light and medium commercial vehicles and we are evaluating the options for Nano, the smallest car from the Tata stable.”

Wasan said it takes anywhere around $5-10 million (Sh428-Sh856million) to establish a joint venture for assembly operations.
Tata Africa Holdings managing director Raman Dhawan told Indian newspapers that new investments of around $1.7 billion(Sh145 billion) had been lined up for various projects by the group in Africa.
“The current revenue in Africa is around $2.3 billion (Sh196 billion), and we expect a growth of 30 per cent per annum on this,” Dhawan said. “Limitless investments are lined up for Africa in future as we are very upbeat about growth prospects there,”
Tata Motors has a commercial vehicles assembly plant in South Africa, and is planning to set up a bus body building plant through its global partner, Marcopolo.
Indian companies such as Essar, Bharti Airtel Ltd, Bajaj Auto Ltd and Tata Motors Ltd are investing in the continent to create new markets for their products.
India’s Commerce minister Anand Sharma said that the bilateral trade between Africa and India is expected to reach $100 billion (Sh8.5trillion) from the current $ 50 billion (Sh4.25 trillion) by 2015 and the target could well be achieved in 2014.
Although local assembly plants have a significant idle capacity, more global brands are venturing into the market to cash in on the regional demand using Kenya as their base.
Kenya Vehicle Manufacturer, Associated Vehicle Assemblers and General Motors East Africa are already established while new comers Hyundai Motor Company and Eicher Motors, Tata, Foton of China and Hino Motors are setting up or about to do so.
The assemblers are set to gain from friendly taxes on locally assembled units because imports of parts for local assembly are exempted from the 25 per cent import duty levied on fully built cars.
Kenya National Bureau of Statistics data shows that 5,456 vehicles were assembled in Kenya in the ten months to October 2012, a 52.3 per cent of the total 10,422 new vehicles sold in that period.

Source : businessdailyafrica.com
Featured Companies
  • Bajaj Auto
  • Nissens A/S
  • Bajaj Auto
  • Tire Group International, LLC.
  • dubaiexporters.com
  • Steelmate - Think safety think Steelmate

Complete List  

Advertisers in previous issue:

  • Specialized in development, design, manufacture and sale of steel wheel of the truck and trailer and bus,etc.
  • GUANGZHOU YIFENG AUTO PARTS MANUFACTURING CO., LTD. is a professional manufacturer and distributor of automotive filters, mainly specializing in all kinds of oil filters, fuel filters and air filters.
  • China Jiangsu Dongxing Auto Decorations Co.,Ltd,established in 1989,the manufacturer of cabin and body parts for truck Mercedes-Benz, Volvo,Scania,Man,Iveco,Daf and Renault.
  • Gear Gremlin is a completely new collection of indispensable accessories for motorcyclists, covering everything from a valve dust cap to a chain breaker and riveting kit.
  • Zhenjiang Huixiang Light&Electrical Co.,Ltd.), which located in Zhenjiang, Jiangsu Province of China, specialize in producing auto&motorcycle bulbs.
  • Pensol Industries Limited has a wide range of products, both in Automotive and Industrial lubricants
  • Lanfeng machine Co., LTD is a collection of R&D, production and sales of Fuel dispenser and LPG dispenser, gas station equipment of large enterprises in China.
  • Nissens has developed, manufactured, and supplied a wide range of automotive radiators, climate control products
  • Yellow stone diesel-One of the leading manufacturers of engine parts.
  • Changzhou Guoshi Vehicle Accessories Co.,Ltd. is proficient in vehicle spare parts manufacturing and has involved a lot of capital, time and resources to make us prominent in this industry.
  • Supplier of vehicles, watercraft & aircraft worldwide.
  • Mobile Crushing and Screening plant
  • Global Auto Parts is an Automotive Aftermarket spare parts wholesaler offering genuine quality aftermarket replacement parts for all makes and models of passenger cars, light commercials vehicles, trucks and trailers.
  • TOMAD International, Inc. is an export management company specializing in sales and marketing within the Middle East and Africa region.
  • Trade Exhibition
  • Best Choice International Trade is one of the leading tyre exporter in China, and a major supplier of tyres and engines in Beijing Municipality.
  • Our corporation is an important motorcycle production base in southern China.
  • It is the largest manufacturer of Premium Quality Lipe brand clutches for the commercial vehicles in India.
  • A truly global provider of quality vehicles.
  • Car garage equipment
  • We are producing six categories and nearly one thousand kinds and sizes of bias tyre, OTR tyre, radial tyre, Industrial tyre, agricultural tyre and solid tyre.
  • Rolman World is one of the largest and most established distributors of bearings and related technical services in the Middle East and Africa.
  • Auto Parts
  • Product includes Braking, Steering, Suspension, Filtration, Transmission, Cooling, Heating, Electrical, Engine, Lubricants, Chemicals, Wiping, Lighting etc.
  • Fuel Saver
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2021 Afrotrade