MG Rover to buy 100,000 cars from India's TELCO


NEW DELHI, Jan 24 (Reuters) - Britain's MG Rover Group Ltd will buy 100,000 Indica hatcback cars over five years from India's Tata Engineering & Locomotive Co Ltd (TELCO) for sale in Europe, a TELCO spokesman told Reuters on Friday. TELCO , India's third largest carmaker and the top truck and bus maker, signed an agreement with MG Rover last month to supply the homegrown Indica car to the British firm for sale under the Rover brand in Europe. MG Rover had picked the Indica to fill a ...

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