Tata Motors Establishes Commercial Vehicle Financing Cooperation

Jakarta, 10 July 2014 – PT Tata Motors Distribusi Indonesia (TMDI), Authorised Agent (APM) of Tata Motors vehicles in Indonesia, today signed a fleet sales financing agreement with PT Anugerah Utama Multifinance (Gratama Finance) in TMDI headquarters, Jakarta.

“Gratama Finance is a trusted financing company specialising in commercial vehicles, with a vast network throughout Indonesia. Tata Motors is very proud to work with Gratama Finance. Hopefully through the cooperation with Gratama Finance we can better serve the Indonesian people that wish to buy a Tata Motors commercial vehicle,” said Biswadev Sengupta, President Director of TMDI.

At the signing ceremony President Director of PT Anugerah Utama Multifinance, Ignasius Indjun, also voiced his commitment to fulfill the needs of potential buyers of Tata Motors’ commercial vehicle fleet. “Our cooperation with Tata Motors has a lot of potential. We hope that Tata Motors commercial vehicle buyers can be well served by Gratama Finance which is committed to give the finest and fastest service,” said Ignasius.

About Tata Motors

Tata Motors is the biggest Indian car manufacturer with consolidated revenue of USD 34.7 billion in 2012-13, and is ranked the fourth biggest truck and bus manufacturer in the world. Through its subsidiaries and affiliates, Tata Motors is operating in the United Kingdom, South Korea, Thailand, Spain, South Africa, and Indonesia. Tata Motors owns British premium automaker Jaguar Land Rover, and is also involved in a joint venture with Fiat in India.

With more than 7.5 million Tata Motors vehicles running on the roads of India, Tata Motors Limited has become a market leader in each segment of the commercial vehicle industry, and is one of the frontrunners in the passenger vehicle industry covering the compact, mid-sized cars, and multifunction segments. Cars, buses and trucks manufactured by Tata Motors have been distributed in various countries in Europe, Africa, the Middle East, South Asia, Southeast Asia, South America, and the Russian Federation.
(www.tatamotors.com; follow our Twitter: @TataMotorsID)

For further information on PT Tata Motors Distribusi Indonesia, please contact:
Mr. Kiki Fajar
Public Relations – Manager
PT. Tata Motors Indonesia
fajar.harianto@tatamotors.com | fajar.harianto@gmail.com|

Mr. Hendri Satrio
Triliant Communications
hendri.satrio@triliantcomm.com