Tata International of India has shown interest in expanding its investments in Thailand, especially in energy, electricity, hydropower, alternative energy, automobiles and parts, say Thai trade officials.
The company’s head for South Asia, P.K. Banerjee, met Thailand Trade Representative Nalinee Thaveesin to discuss the group’s intention to explore a wider range of businesses in Thailand.
Officials said Mr Banerjee told the Thai side that Tata had extensive experience investing in energy and mining in South Africa, Tanzania, Kenya, Zambia, Mozambique, Senegal, Zimbabwe, Sudan and Uganda.
Tata also expressed interest in investing in agricultural management in Thailand, which has more potential for development.
Ms Nalinee, who is responsible for trade and investment promotion in South Asia and Africa, said investments between Thailand and India represented only a minor portion of overall investment and the TTR aimed to expand investments between the two countries.
Read more: Tata plans energy, mining investments