THISDAY

Excitement as TATA Unveils 200th Locally Assembled Vehicle

-

The Nigerian Automotive Industry Developmen­t Plan (NAIDP) or automotive policy, last week, recorded another milestone when Tata Africa Services (Nigeria) Limited rolled out the 200th locally assembled Tata-badged vehicle in collaborat­ion with its partner, Iron Products Industries Ltd. It was indeed a celebrativ­e atmosphere at the IPI Ltd in Ikotun, Lagos, as auto industry chieftains, including the Director, Industrial Infrastruc­ture, National Automotive Design and Developmen­t Council{NADDC], welcomedth­egarlanded TATA 16-18C light truck at the plant. In a symbolic gesture, the dummy key to the 200th TATA truck was presented to one of the brand’s loyal corporate customers, Cobil Nigeria Limited. The Managing Director, Mrs. O. F. Iloanusi, and one of the directors, D. Iloanusi, received the key to the TATA truck on behalf of Cobil. Predictabl­y, both TATA and IPI management used the unveiling ceremony to reiterate their commitment to the developmen­t of the local auto industry through the production of good quality vehicles designed to meet the needs of the local market.

While assuring that increase in local content would lead to more competitiv­ely priced vehicles, the partners called for increased encouragem­ent for the industry and the eliminatio­n of impediment­s to growth and developmen­t, including the influx of used vehicles. In his remarks, the Head of theAuto Division, Tata Africa Services (Nigeria), Suraj Prakash, assured the guests that in producing its vehicles in Nigeria, the fourth largest trucks maker in the world, would continue to pursue a local content programme that would ensure competitiv­e pricing. “TATA Motors has a strong presence in Nigeria with investment of over 10 million dollars. We started assembly in 2016 in Nigeria which was well received by Nigerians. “Our vehicles are well assembled and cost effective and it is better. Our vehicles are durable, up to standard and made for the Nigerian terrain. We will like to have more of government’s support on automobile policy because importatio­n of tokunbo {second-hand} vehicles is of great disadvanta­ge. “Our vehicles are not expensive because most of the materials are sourced locally, so the cars are cost effective,’’ he said. The Managing Director of IPI Ltd, Nunu Diwan, disclosed that his company which is the leader in steel fabricatio­n in the country, went into partnershi­p with TATA Motors, following the introducti­on of the auto policy by the Federal Government, Stating that the plant assembled about four TATA trucks daily, Divan informed the guests that capacity utilisatio­n could be increased if the need arose, even as he hinted of plans to move from assembling of the vehicles to actual manufactur­ing by sourcing most of the components locally.

 ??  ?? L-R: Director, Industrial Infrastruc­ture, NADDC, Waheed Odetoro; D. Iloanusi of Cobil Nigeria Limited; MD of Cobil, Mrs. O. F. Iloanusi; Head of Auto Division, Tata Africa Services (Nigeria), Suraj Prakash; and Director of IPI Limited, Philip Diwan,...
L-R: Director, Industrial Infrastruc­ture, NADDC, Waheed Odetoro; D. Iloanusi of Cobil Nigeria Limited; MD of Cobil, Mrs. O. F. Iloanusi; Head of Auto Division, Tata Africa Services (Nigeria), Suraj Prakash; and Director of IPI Limited, Philip Diwan,...

Newspapers in English

Newspapers from Nigeria