THAILAND HAS INVITED Indian automakers Tata Motors and Mahindra & Mahindra (M&M) to set up factories in the southeast Asian nation, as per a Thai government statement Saturday. Thai trade representative Nalinee Taveesin, who is also adviser to the prime minister of Thailand, had met executives from both the companies during a recent trip to India.
Besides meeting commerce and industries minister Piyush Goyal earlier this week in New Delhi, she was also hosted by Federation of Indian Chambers of Commerce & Industry (FICCI) for a meeting, where opportunities in automobiles, electric vehicles (EV), defence, food and tourism were discussed.
Nalinee said Tata Motors could use Thailand's eastern economic corridor to set up an export hub for its electric vehicles and batteries.
This story is from the January 28, 2024 edition of Financial Express Mumbai.
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This story is from the January 28, 2024 edition of Financial Express Mumbai.
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