Indian Truck Titans Triumph In Indonesia Amid Local Backlash – A $1.5B Deal’s Road To Localisation
India’s Tata Motors and Mahindra Defence Systems have secured a landmark $1.5 billion defence contract from Indonesia, marking a significant breakthrough for Indian automotive exports in Southeast Asia, reported Financial Express.The deal encompasses the supply of 35,000 TATA Ultra T.7 trucks, 35,000 TATA Yodha vehicles, and 35,000 single-cab Mahindra Scorpio Pik-Up units, primarily for military
India’s Tata Motors and Mahindra Defence Systems have secured a landmark $1.5 billion defence contract from Indonesia, marking a significant breakthrough for Indian automotive exports in Southeast Asia, reported Financial Express.The deal encompasses the supply of 35,000 TATA Ultra T.7 trucks, 35,000 TATA Yodha vehicles, and 35,000 single-cab Mahindra Scorpio Pik-Up units, primarily for military
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