Tata Motors subsidiary acquires over 50 pct stake in Norway firm

October 22nd, 2008 - 3:46 pm ICT by ANI  

New Delhi, Oct.22 (ANI): Tata Motors European Technical Centre plc, Tata Motors subsidiary based in the British Midlands region of the UK, has acquired a 50.3 percent holding, at an acquisition cost of Kroner 12 million (Rs.9.40 crores), in Miljo Grenland/Innovasjon, Norway, which specialises in the development of innovative solutions for electric vehicles. (ANI)

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