Jaguar Land Rover owned by India’s Tata Motors Limited, is showing keen interest to enter Myanmar markets. The company is currently in talks with three prospective dealership partners in Myanmar and their first foray into the country should commence by early 2013.
Myanmar markets are changing quickly, new policies are coming into effect which will be ideal for setting up new business ventures in the country. Suspension of Western sanctions and new investment regulations have paved the way for new firms to enter a country which is close proximity to India and China both of which are contributors to the auto sector with companies keen to expand their horizons. Myanmar Government also introduced a new system at the end of 2011 which made it possible for locals to trade old cars for licenses permitting them to purchase models built no earlier than 1995.
Guava International, a company that takes care of Jaguar Land Rover sales and services across over 60 countries over the globe is keenly tracking sales in Thailand specially in the luxury sector. The recently revealed 2013 Range Rover model at the Thailand Auto Show, is a step forward in this direction.