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4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Tata Motors Limited    TATAMOTORS   INE155A01022

TATA MOTORS LIMITED (TATAMOTORS)

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Tata Motors Limited : PT Tata Motors Indonesia showcases smart solutions for Indonesian mobility needs at 20th Indonesia International Motor Show 2012

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09/20/2012 | 12:44pm CET

Released on 20 Sep, 2012

PT Tata Motors Indonesia showcases smart solutions for Indonesian mobility needs at 20th Indonesia International Motor Show 2012

  • Displays 13 Tata passenger and commercial vehicles
  • Also on display is a special green pavilion of Tata CNG vehicles

PT Tata Motors Indonesia is participating in the 20th Indonesia International Motor Show (IIMS), starting today. The company has displayed 13 Tata passenger and commercial vehicles, being considered for introduction in Indonesia progressively. PT Tata Motors Indonesia is a wholly owned Jakarta-based subsidiary of Tata Motors, India's largest automobile company.

Among the vehicles on display are four Tata passenger vehicles - the Tata Indica Vista, a premium hatchback, two top-end variants from the Tata Nano family, Tata Nano LX, the Tata Aria, a luxurious crossover with the finesse of a sedan and the muscle of an SUV all blended in one car and the Tata Venture, a multi-purpose vehicle. The Tata commercial vehicles range include the Tata Xenon Pick-up (Dual Cab version), Tata Ace EX, the Tata Super Ace and the Tata LPK 2528 Prima Tipper, from the Prima range of world standard trucks

The technology capability on show includes a special green pavilion of Tata CNG vehicles, whose need is growing in Indonesia and also takes forward the core message of Eco-Mobility at the IIMS. The CNG vehicles on display include the Tata Nano CNG Concept, Tata Ace CNG, the Tata Xenon CNG, the Tata Magic CNG and the Tata LPO 1623 RE LE CNG Bus, all contributing to reduction of greenhouse gas emissions, besides state-of-the-art drive technologies, latest infotronics, ultra-modern passenger comfort, safety and entertainment systems. These CNG vehicles are developed in-house and come with factory-fitted CNG engines, which are very safe and most economical to operate.

PT Tata Motors Indonesia also launched today its official website - www.tatamotors.co.id and has introduced a 24x7 toll free customer assistance number - 0800-1-828200.

Speaking on the occasion, Mr. Biswadev Sengupta, President Director of PT Tata Motors Indonesia said, "The range of Tata passenger and commercial vehicles, on display, is representative of our environment-friendly technology base. Our portfolio is globally benchmarked. We are confident that our vehicles will be a smart choice for the discerning customers of Indonesia. Based on customer feedback, we will progressively introduce relevant passenger and commercial vehicles, backed by appropriate distribution and service infrastructure such that we are closest to our customers."

PT Tata Motors Indonesia will commence the commercial launch of Tata vehicles in 2013. By the time of the launch, PT Tata Motors Indonesia will have about 10 to 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. The company also plans to introduce technical training centres, which will train mechanics and technicians to be fully conversant with Tata products inorder to provide best support to customers. Significant investment is planned for establishing manufacturing operations and localisation of components in Indonesia.

Tata Motors has a long term view for Indonesia and is excited to be a part of the Indonesia growth story.

About Tata Motors

Tata Motors is India's largest automobile company, with consolidated revenues of around $ 32.5 billion in 2011-12. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, Spain and South Africa. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India. With over 7.5 million Tata vehicles plying globally, it is the world's fourth largest truck and bus manufacturer. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia and South America.



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Financials ( INR)
Sales 2017 2 907 467 M
EBIT 2017 205 370 M
Net income 2017 132 219 M
Debt 2017 242 224 M
Yield 2017 0,31%
P/E ratio 2017 11,28
P/E ratio 2018 8,07
EV / Sales 2017 0,57x
EV / Sales 2018 0,50x
Capitalization 1 422 148 M
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Number of Analysts 43
Average target price 559  INR
Spread / Average Target 27%
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NameTitle
Günter Karl Butschek Chief Executive Officer, Director & MD
Chandrasekaran Ramakrishnan President & Group Chief Financial Officer
Cyrus Pallonji Mistry Non-Executive Chairman
Suresh Rangarajan Head-Corporate & Global operations
Belwal C. Jagdish Chief Information Officer
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