India's leading vehicle maker Tata Motors announced Tuesday it had set up a wholly owned Jakarta-based subsidiary, PT Tata Motors Indonesia, to start selling vehicles next year. "Our research is showing that there is a large opportunity for Tata vehicles in Indonesia, with operating conditions and customer needs being very similar to those in India," Tata Motors' Indonesia director Biswadev Sengupta said.
Sengupta said the Indonesian unit would set up a network of about 60 full-service dealers and 100 workshops over three years.