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TVS Motor-ASEAN

Sector: Warehouse • Location: Indonesia

Source: International Finance Corporation (IFC)

Project
Completed

_x000C_The proposed project consists of establishment and start-up of operations of a green-field, two-wheeler manufacturing plant in Karawang, about 55 km east of Jakarta, Indonesia, by PT TVS Motor Company Indonesia (PT TVS, or the company). The plant will have an initial manufacturing capacity of 300,000 vehicles per annum.

The project will cater mainly to the Indonesian market, which is the

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The project “TVS Motor-ASEAN” is an infrastructure initiative in the Warehouse sector, located in Indonesia. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

Taiyo status

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Email

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Description

Description

_x000C_The proposed project consists of establishment and start-up of operations of a green-field, two-wheeler manufacturing plant in Karawang, about 55 km east of Jakarta, Indonesia, by PT TVS Motor Company Indonesia (PT TVS, or the company). The plant will have an initial manufacturing capacity of 300,000 vehicles per annum. The project will cater mainly to the Indonesian market, which is the world’s third largest after China and India with a demand of 4.5 million units in 2006. Although the current two-wheeler market in Indonesia is highly competitive, low per capita ownership in the country (of only 80 motorcycles per 1000 people, in 2005) compared to its neighbors (of 545 in Taiwan, 286 in Thailand, 258 in Malaysia, and 125 in Vietnam) reinforces a strong market growth potential for the future. In addition to its large domestic market, Indonesia is also a strategic exports base given low labor cost, and availability of competitive sourcing of components.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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