2 Indian Firms To Set Up Auto Plants In Nigeria

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DG NAC Aminu Jalal
Less than three months after the announcement of the National Automotive Industry Development Plan, two vehicle manufacturing companies from India have indicated interest in establishing plants in Nigeria.

The development was confirmed in a statement issued on Sunday by the National Automotive Council.

The move is also coming about two weeks after the Federal Government said it would encourage auto manufacturers to produce less expensive vehicle models in the country within the price range of N1.2m to N1.5m.

NAC gave the names of the two Indian firms as TATA Motors based in Mumbai and TVS Motor Company from Tamil Nadu.

The statement said the companies’ interests were disclosed to the Director-General, NAC, Mr. Aminu Jalal, when top management executives of the two firms visited the head office of the council in Abuja.

Their visit was to obtain technical details, administrative requirements and guidelines towards the setting up of the plants in the country under the NAIDP.

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  1. Adams Mendeh says

    It is a good and laudable,only God knows how many lives were lost on these so call Tokumbo cars that came in to this country ,at least let us know what we are buying and the duration we will use it.having said that ,the government should approve the plants and workable before their tenure expire,because Nigerian dont appreciate continuenity .

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