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Kamaz to resume truck assembly in India in H2 2016

April 7, 2016 Interfax, RBTH
The automaker has a factory in Tamil Nadu.
KamAZ has become the first autoconcern to secure the state's financial support at a time of a protracted downturn on the automotive market. Source: ITAR-TASS
India could become a base for the expansion of Kamaz truck exports in Asia. Source: Source: ITAR-TASS

Kamaz will resume the assembly of trucks in India in the second half of 2016, the automaker’s Chief Executive Sergei Kogogin told the Rossiya 24 TV channel.

“Today we've signed agreements on contract assembly and we're restarting work on the Indian market in the second half of the year,” he said.

The company has a factory in the southern Indian state of Tamil Nadu. It entered the Indian market in 2011 through a joint venture with the Vectra Group, but bought out its partner in 2014.

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