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Strategies & Market Trends : India Stocks

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From: Julius Wong	3/29/2009 10:52:53 AM
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Tata Motors Plans Truck-Making Unit in Myanmar, Standard Says By Anoop Agrawal March 29 (Bloomberg) -- Tata Motors Ltd. plans to set up a truck-making unit in Myanmar with the financial support of the federal Indian government, the Business Standard newspaper reported without saying from where it got the information. The government will sanction a $20 million credit line which will be used to set up an assembly plant and a component- manufacturing factory, the newspaper said. bloomberg.com

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