• Tuesday, April 16, 2024
businessday logo

BusinessDay

Tata International to expand operations in Nigeria

Tata International to expand operations in Nigeria

Tata International is set to expand operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ). The agreement was signed in the presence of Anand Sen, managing director of Tata International Limited, by Len Brand, managing director of Tata Africa Holdings Pty Ltd.

Read also: Foundation, LFZ partner on vocational training centre in Ibeju Lekki

The agreement marks a milestone in the company’s commitment to the region.

With a legacy spanning over four decades, Tata International is a key contributor to the economic landscape of the African continent. In 2006, Tata International established operations in Nigeria and since then has made a significant contribution to the country, upholding the core values of Tata’s business ethics and commitment to corporate social responsibility.

“As a brand synonymous with quality products and ethical business operations in Africa, Tata International is excited to join the Lagos Free Zone. This strategic move reflects our commitment to fuelling growth in Nigeria and the wider African continent”, said Anand Sen, MD, Tata International.

Promoted by Tolaram, a Singaporean conglomerate with over four decades of experience in Nigeria, LFZ is in Lekki, the sunrise development corridor earmarked by the Lagos State government for driving industrialisation over the next two decades. The agreement with LFZ involves the leasing of a state-of-the-art 6000-square metre facility within LFZ, a move aimed at enhancing Tata International’s operational capabilities in the region.

Read also: Lekki Port: Innovating Nigeria’s approach to trade for modern future

“The participation in Lagos Free Zone is the next level of commitment for Tata International’s longstanding presence in Nigeria and the African continent as a whole. This collaboration with Tolaram underscores our dedication to fostering economic growth and increased competitiveness. We aim for this partnership to lead to greater efficiency, innovation, and specialisation in the region,” said, Len Brand, managing director, Tata Africa Holdings.