Tata Motors unveils new HCV facility

Jamshedpur, Nov 14 | Updated: Nov 15 2005, 06:08am hrs
Tata Motors Ltd on Monday signalled its move up the value chain with the launch of a new facility to build the Korean-designed Novus range of heavy commercial vehicles (HCV), whose first tipper models are expected to roll out next month.

The new plant, which can produce 6,000 units a year, was inaugurated by Jharkhand chief minister, Arjun Munda.

Tata Daewoo Commercial Vehicles, the 100% subsidiary formed after Tata Motors acquired the Korean major Daewoos HCV division last year, has already sold 4000 units of the Novus built at its Korean plant.

The Indian version has a six-cylinder, 300 hp Cummins diesel engine, and is the first Tata vehicle with a 10-speed gearbox. Later versions of the Novus would be the 6x4 tractor trailer and the 8x4 dumper.

Tata Motors said the price would be announced when the vehicle is launched.