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D*MO ventures into assembly of vehicles


Skyonline

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Diesel and Motor Engineering PLC (D*MO) has decided to venture into the assembly of vehicles.

“The current Government policy with regard to vehicle imports led us to consider the option of assembling vehicles in Sri Lanka. We have obtained the necessary approvals to perform a vehicle assembly operation on a semi-knock-down (SKD) basis, and the service will be available in the market soon,” D*MO Chairman Ranjith Pandithage said. 

The assembly operation will be carried out at D*MO’s premises in Weliweriya, he added in the Company’s Annual Report for FY21. 

https://www.ft.lk/front-page/Impacted-by-import-ban-D*MO-ventures-into-assembly-of-vehicles/44-719917

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4 hours ago, Skyonline said:

There is a rumour within the vehicle trade saying Tata Tiago may be assembled here.
 

https://cars.tatamotors.com/cars/tiago

It good if they can market it at a good price not an over inflated price like the Mahindra. Still our issue is in how the duty is calculated which will push the price up.

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