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Tata Motors, India's largest vehicles maker, is in talks with a Mexican firm to make its cars there, the Mint reported on Tuesday, citing two unidentified people familiar with the development.If the talks are successful, Mexico's Metalsa SA de CV will make the Indica Vista hatcback, Indigo Manza sedan and the ultra-cheap Nano under a contract manufacturing arrangement, the newspaper said.This will enable Tata Motors to establish a presence there and a few other emerging markets, it said."A team from Tata Motors consisting of senior officials recently visited Mexico for the purpose," the paper quoted one person as saying.Metalsa, a unit of privately held Grupo Proeza, makes components for cars and commercial vehicles. Its unit in Jamshedpur in eastern India supplies chassis and oil pumps to Tata Motors's medium and heavy trucks, the paper said."Tata Motors continuously explores both what could be relevant markets and within them relevant business opportunities," a Tata Motors spokesman told the paper. "But the company has not arrived at any decision or timeframe for any of the markets you refer to."(Writing by Janaki Krishnan; Editing by Ranjit Gangadharan)
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