<p>The plant at Magwe, near Yangon, will be funded by a line of credit from the Indian government and is expected to be operational by the last quarter of 2010-11, Tata Motors said in a statement.<br /><br />The contract to this affect was signed today between the auto major and Myanmar Automobile and Diesel Industries Ltd (MADI), an enterprise under the Myanmar government's Ministry of Industry.</p>.<p>"The plant is expected to become operational by the last quarter of 2010-11 with a capacity of 1,000 vehicles per year. The capacity can be expanded to 5,000 units," the statement said.The Magwe facility will include a chassis and frame assembly line, besides a cab manufacturing, painting and trimming set-up, it added.<br /><br />Earlier this month, Tata Motors had signed a contract with Saudi-Arabia based Hafil Transport to supply 1,000 air-conditioned school buses for girl students. The delivery of the buses will begin in April 2010 and will be completed during the year. </p>
<p>The plant at Magwe, near Yangon, will be funded by a line of credit from the Indian government and is expected to be operational by the last quarter of 2010-11, Tata Motors said in a statement.<br /><br />The contract to this affect was signed today between the auto major and Myanmar Automobile and Diesel Industries Ltd (MADI), an enterprise under the Myanmar government's Ministry of Industry.</p>.<p>"The plant is expected to become operational by the last quarter of 2010-11 with a capacity of 1,000 vehicles per year. The capacity can be expanded to 5,000 units," the statement said.The Magwe facility will include a chassis and frame assembly line, besides a cab manufacturing, painting and trimming set-up, it added.<br /><br />Earlier this month, Tata Motors had signed a contract with Saudi-Arabia based Hafil Transport to supply 1,000 air-conditioned school buses for girl students. The delivery of the buses will begin in April 2010 and will be completed during the year. </p>