Tata International, the global trading and distribution arm of diversified Tata Group, plans to enter Ethiopian market in 2016, The Daily Monitor reported.

Ajay Mehra, Executive Director at Tata Africa Holdings (Tanzania) and Head of non-auto distribution at Tata International, told media in India that “Our presence is more in the Eastern region as it is politically more stable. In 2016 we will be entering Angola in the West and Ethiopia in the Eastern side.”

Ajay said “We will have agri- trading both imports and exports to begin with, in these markets.”

Founded in 1962, Tata International (TIL)’s key business areas are sale of leather & leather products, trading in metals & minerals, distribution of auto and allied products, agri-trading (both imports and exports), trading and distribution of industrial chemicals, distribution of drugs & medical devices and IT services along with group company TCS.

In addition, Tata International sells footwear and apparel brands, trailer manufacturing and manufacturing precision metals and plastic parts for the engineering, wireless control and automobile sectors via international alliances.

TIL’s largest market in Africa is Kenya followed by Tanzania and South Africa.Ajay said the company has 1,800 people in Africa, out of which only 100 are Indians. TIL’s Global employees are close to 10,000 people.

Source: The Daily Monitor