TATRA TRUCKS resumed cooperation with the Indian state-owned company BEML

24 February, 2015

Today, Thursday February 19, 2015, a MoU (Memorandum of Understanding) was signed in Bangalore between the Czech company TATRA TRUCKS and the Indian state-owned company BEML. Both parties have undertaken there to cooperate in the supplies of Tatra trucks spare parts and components for the Indian security forces.

"In India we are signing a MoU with the state-owned company BEML at the presence of the Defense Minister Martin Stropnicky. The content corresponds to the form, so it is not a business contract but a politically important declaration. The contracts are currently being negotiated, hard but fair. There is an interest in our genuine parts from Koprivnice and KD chassis kits to be assembled by Indians at their plant and supplemented with a superstructure as needed," says the Chairman and Managing Director of TATRA TRUCKS Petr Rusek, who led more than two years of negotiations in India.

"I don’t want to speculate when I bring the first Indian order to Koprivnice, but after two years of hard work I believe that goal is within reach. In this case I must appreciate the involvement of the Czech politicians, ministers Zaoralek, Stropnicky and Ambassador Stasek because this is the way the industry support should work. The key idea was to officially stand behind Tatra since this truck maker suffered from damaged reputation in India due to criminal prosecution of the former shareholder - an Indian businessman," he adds.

Within this cooperation project, TATRA TRUCKS is a presented as a traditional Czech manufacturer and supplier of heavy-duty all-wheel drive trucks. BEML Limited is an Indian state-owned enterprise falling under the Ministry of Defence, in India a leading organization engaged in the design, development, manufacture and sale of mining, construction, railway and defence technology.

The content of the mentioned Memorandum is the commitment of both parties to cooperate in the supplies of Tatra truck spare parts and components for the Indian security forces, especially the Indian Army. The Memorandum was signed in the presence of the Defence Minister Martin Stropnicky, with the significant support of other politicians - Foreign Minister Lubomir Zaoralek, president Milos Zeman, and the Czech Ambassador in India Miloslav Stasek.

Currently, negotiations are underway on specific contracts, which should be implemented already in 2015.

Press service of TATRA TRUCKS a.s.

Andrej Čírtek
Press spokesman of TATRA TRUCKS a.s.

Areál Tatry 1450/1, 742 21 Kopřivnice, Czech Republic
mob.: +420 602 494 208, tel.: +420 225 113 361
e-mail: andrej.cirtek@tatra.cz; web: tatra.cz