Tata Motors (Thailand) Limited (TMTL) is a 70:30 joint venture between the Company and Thonburi Automotive Assembly Plant Co., for manufacture, assembly and marketing pickup trucks. The joint venture enables the Company to address the ASEAN and Thailand markets, the latter being the second largest pickup market in the world after the USA. . The Company sold 640 vehicles at the end of FY 08-09. The revenue from sales and other income was at Thai Baht 299 million (equivalent to Rs.44.36 crore) for the period ended March 31, 2009. [www.tatamotors.co.th]
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