Member access

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

TATA MOTORS LIMITED

 (TATAMOTORS)

14
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisionsForum 

Tata Motors Limited : Tata Motors plant at Dharwad comes on stream

06/06/2012| 05:35am US/Eastern
Recommend:
0

Tata Motors plant at Dharwad comes on stream

Tata Motors' Dharwad plant for small commercial vehicles is now operational and has begun to produce the Tata ACE Zip and the Tata Magic IRIS.

Mr. P. M. Telang, Managing Director - India Operations, Tata Motors said, "We are very delighted to commence manufacturing operations in Dharwad and further expand our operations in the country. This move is integral to Tata Motors' dominant presence in the Commercial Vehicles market."

Launched in May 2011, the Tata Magic IRIS is a four-wheel, 3-4 seater small passenger carrier, a stylish, safe and comfortable alternative for commuters who depend on three-wheelers. The Tata Ace Zip, also launched in May 2011, is a technologically superior and a smart micro truck with a payload of 600 kg for deep-penetration door-to-door goods movement.

Established with an investment of over Rs. 900 crores, the plant spans across an area of 405 acres. The plant has been constructed as per the norms specified by Indian Green Building Council (IGBC). The plant has been equipped with state-of-the-art equipment following lean manufacturing principles. It has built-in flexibilities to assemble large numbers and different variants in mixed mode production. The plant has been recommended for ISO 14001, Environment Management System Standard.

The major capital outlay, encompassing civil and plant engineering work for the facility, has been sourced from Europe, the US, South Korea, Japan and best-in-class suppliers from India. The capacity of the plant, to begin with, is 90,000 units per year, to be achieved in phases. Further capacity expansion has also been provided for.

The plant has already directly employed 350 individuals. The recruitment exercise covered about 76 ITIs in Karnataka. Training, skill transfer and development of local workforce is one of the top priorities of Tata Motors. The company's training processes and facilities in India have been acknowledged as among the best. Leveraging this expertise through a robust local skill transfer and training programme, Tata Motors is committed to ensuring that skill levels of individuals employed are further enhanced.

Tata Motors has also begun activities towards development of local communities by working on four thrust areas - employability, education, health and environment - making it into a beehive of inclusive growth.

distributed by
Recommend :
0
Partner Area
React to this article
 
Latest news on TATA MOTORS LIMITED
3d ago TATA MOTORS LIMITED: Tata Motors redefines the premium hatchback segment in Nep..
5d ago TATA MOTORS LIMITED: Issue of s$350 million in principal amount of senior fixed..
05/15DJTATA MOTORS LIMITED: Tata Motors Global Vehicle Sales Fall for Sixth Straight M..
05/15 TATA MOTORS LIMITED: Tata Motors Group global wholesales at 81,241 in April 201..
05/14 TATA MOTORS LIMITED: Strong April Sales for Jaguar Land Rover 14 May, 2013
05/03DJADR Shares End Higher As U.S. Job-Growth Data Topped Expectations
05/03 Tesla CEO amends Model S financing deal after criticism
05/01 TATA MOTORS LIMITED: Tata Motors April sales at 51,160 nos. 01 May, 2013
04/26DJTATA MOTORS LIMITED: Tata Technologies to Buy U.S. firm Cambric for $32.5 milli..
04/25 TATA MOTORS LIMITED: Tata Motors Xtreme Drive in Mumbai! 25 Apr, 2013
Advertisement
Chart
Duration : Period :
Tata Motors Limited Technical Analysis Chart | TATAMOTORS | INE155A01022 | 4-Traders
Income Statement Evolution
Tata Motors Limited : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF
Copyright © 2013 Surperformance. All rights reserved.