Tata Motors commercial vehicles and DRB-HICOM partnership in Malaysia
Tata Motors, auto majors in India has announced an alliance with DRB-HICOM, Malaysia where import, distribution and assembly of commercial vehicles are concerned.
Under this agreement DRB-HICOM, through HSF-HICOM, will have exclusive distribution rights of Tata commercial commercial vehicles while this will also enable expansion of vehicle assembly sales and distribution networks in Malaysia. Importation agreement will allow DRB-HICOM to be exclusive importers of Tata Motors CKD and CBU vehicles in Malaysia and they will also act as service providers for the same.
The alliance will mutually benefit both Tata Motors and DRB-HICOM, with both companies being able to expand vehicle assembly business and distribution networks in Malaysia. The signing of this strategic and dynamic partnership has been taken a step further as last year in April, the two partners had announced a tie up to supply Tata trucks to Malaysia’s armed forces.
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