New Delhi: Commercial vehicle manufacturers Tata Motors on Friday said that they will go ahead with their Singur plant, despite all obstacles and will launch its car worth Rs 1 lakh by 2008.
A top Tata official was quoted by news agency UNI as saying, “Hectic construction is going on for the plant and we are not looking at any other land except Singur.”
South Africa is the company's biggest market for the diverse range of commercial vehicles that they produce. The company is now looking at Russia in a big way for exports.
The official, who requested anonymity, added that Daewoo trucks will be in India by this year's end, but only will be available in higher volumes once the work in the golden quadrilateral is completed.
The company is also looking at joint ventures with many companies for which announcements will be made soon.
He was also quoted as saying that Tata Motors will clearly surpass last year's target revenue of Rs 25,000 crore.
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