Tata will keep Iveco's industrial footprint, employees after acquisition, Iveco CEO says
Iveco employs around 36,000 people, including 14,000 in Italy.
Persson said that given the complementarity of the two groups the integration process after the acquisition would be 'smooth and successful'.
India's EV makers Tata, Mahindra seek to block hybrids in govt fleets, documents show
He added that the deal with Tata, along with the sale of the IDV defence unit to Italy's Leonardo, would 'unlock superior growth opportunities and create significant value for all stakeholders'.
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