DRB Hicom Commercial Vehicles Sdn Bhd
As part of its business expansion plan, on 9 September 2013 DHCV had signed a Distribution Agreement (“DA”), Importation Agreement (“IA”) and Technology License Agreement (“TLA”) with Tata Motors Limited, India (“Tata Motors”) at Holiday Inn Kuala Lumpur Glenmarie, Shah Alam. The signing ceremony was witnessed by His Excellency, Mr Vijay Gokhale, High Commissioner of India to Malaysia and YBhg Tan Sri Dato’ Sri Haji Mohd Khamil Jamil, Group Managing Director of DRB-HICOM Berhad.
The signing of the strategic and dynamic partnership would pave the way for a mutually beneficial collaboration between DHCV and Tata Motors, and will offer various synergies for all parties involved. The agreements will enable DHCV to become the exclusive distributor of Tata Motors commercial vehicles as well as expand its vehicle assembly business and distribution networking Malaysia.
It is a need to keep pace with the market’s demand for new and more technologically-advanced products. Therefore, the collaboration with Tata Motors will enable DHCV to build and deliver vehicles known for its superior quality through its CKD programme.
In view of the new business model and collaboration with Tata Motors, on 8 April 2014, the Company had successfully changed its name to HICOM Commercial Automotive Sdn Bhd (“DHCV”).
Company Size30-100 Employees