markets (which including new markets in China, Western Europe, South Africa and Latin America). As regard Tata Motor’s future, the acquisition also provide Tata Motors the opportunity to de-risk its business by countering domestic cyclicality (the CVs market is cyclical) through foreign expansion. As I mentioned before, DWCV and Tata Motors are complementary in terms of their product range. DWCV truck ranged between 210 to 450 hp. On the other hand, Tata Motors was focused on the lower end of heavy…
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