Tata International, a trading and distribution company of Indian group Tata, plans to expand in Africa by entering the Angolan and Ethiopian markets, bringing its presence in Africa to a total of 14 countries, said a senior company executive.
Ajay Mehra, Executive Director of Tata Africa Holdings (Tanzania) and director of non-automotive distribution of Tata International, told the Press Trust of India (PTI) that the group’s presence in Africa was mainly in the eastern region, “as it is the most politically stable.”
In Angola and Ethiopia, Tata International plans to start business with trading of both imported an exported agricultural products.
Incorporated in 1962, Tata International’s main businesses are selling leather and leather products, the purchase and sale of metals and minerals, the sale of cars and spare parts, trade in agricultural products, industrial chemicals, drugs and medical equipment.
Kenya is the company’s main market in Africa, followed by Tanzania and South Africa, where it has an assembly line and where it primarily sells commercial vehicles and small pickup trucks. (macauhub/AO)