Tata Africa Services Nigeria Limited has announced plans to manufacture 40 percent of its trucks being sold in the country locally from next year.
In addition, the company also hinted about the establishment of a production center for vehicle components in Nigeria as part of its contribution to the development of the nation’s automotive industry.
The Managing Director, Iron Products Industries, Mr. Nunu Diwan, spoke on the plan by the assembly plant to begin the production of 40 percent of Tata trucks from the Lagos factory.
The Auto Head, TML Business, Tata Nigeria, Mr. Suraj Prakash, said the company’s assembly plant in Lagos which was established in 2016 following the Federal Government’s introduction of the auto policy, gave incentives to automakers to set up vehicle plants in the country.
He further revealed that the company has a strong presence in Nigeria with about $10m investment.
“We would like to have more of government’s support for the automobile policy because importation of Tokunbo vehicles is of great disadvantage. Our vehicles are not expensive, because most of the materials are sourced locally.”
The Director-General, National Automotive Design and Development Council, Jelal Aliyu, assured on Government’s adequate support for automakers to produce vehicles in the country through patronage.
Innosson Motors the first indigenous automobile assembling plant in the country has continued to enjoy patronage by the Federal Government.
The Nigerian Army recently entered into a partnership with the Nigerian indigenous motor manufacturing company, Innoson Motors Manufacturing Company for modification of some of its equipment, local production of armored fighting vehicles and other military hardware.
Tata Africa Services Nigeria Limited was established in 2006. It has a strong presence in Nigeria with investments exceeding $10 million. The company was established in Lagos, Nigeria as a subsidiary of TATA Africa Holdings (SA) (Pty) Limited.
