Tata Motors entrusts DRB-HICOM for CVs in Malaysia

Tata Motors announced its partnership with DRB-HICOM, Malaysia’s biggest conglomerate, for the import, distribution and assembly of Tata Motors Commercial Vehicles in Malaysia, an important milestone in the continued expansion of the company’s global footprint. As part of the agreement, Tata Motors signed a Distribution Agreement (“DA”) and Technology License Agreement (“TLA”) with USF-HICOM (Malaysia) Sdn. Bhd., a subsidiary of DRB-HICOM Berhad. Tata Motors also signed another Importation Agreement (“IA”) with another DRB-HICOM subsidiary, DRB-HICOM Auto Solution Sdn. Bhd. (“DHAS”) and USF-HICOM. R.T. Wasan, Head, International Business, Commercial Vehicles, Tata Motors said, “We are proud to announce our partnership with DRB-HICOM, one of Malaysia's leading corporations in the automotive space. One of the key parts of our business is the importance of our partnership with DRB-HICOM, which will not only help us service this market well, but also play a significant role in ensuring that we are listening to our customers.”