Tata Daewoo Tata Daewoo Tata Daewoo (officially Tata Daewoo Commercial Vehicle Company) is a commercial vehicle manufacturer headquartered in Gunsan, Jeollabuk-do, South Korea and a wholly owned subsidiary of Tata Motors. It is the second-largest heavy commercial vehicle manufacturer in South Korea. The company was established in 2002 as Daewoo Commercial Vehicle Co. Ltd, after it was spun off from parent Daewoo Motor Co. Ltd. In 2004 it was acquired by Tata Motors, India's largest passenger automobile and commercial vehicle manufacturing company. Tata Daewoo has CKD Projects in India and Pakistan instead. Tata Daewoo-Korea and Afzal Motors-Pakistan signed a Technical Assistance Agreement
Daewoo and the government reduced positive discrimination (affirmative action), to encourage free market trade and to force the chaebol to be more aggressive abroad. Daewoo responded by establishing a number of joint ventures with U.S. and European companies. It expanded exports of machine tools, defense products (under the S&T Daewoo company), aerospace interests, and semiconductor design and manufacturing. Eventually, it began to build civilian helicopters and airplanes, priced considerably cheaper than those produced by its U.S. counterparts. It also expanded efforts in the automotive industry and was ranked as the seventh largest car exporter and the sixth largest car manufacturer in