Indonesia Suspends Truck Orders from Indian Automakers

Indonesia has decided to suspend an order for 105,000 trucks from Indian companies Tata Motors Ltd. and Mahindra & Mahindra Ltd. Bloomberg posted on X, highlighting that this decision comes after receiving resistance from policymakers. The move reflects Indonesia's response to internal concerns regarding the large-scale procurement from foreign manufacturers. The suspension of the order could impact the business operations of both Tata Motors and Mahindra & Mahindra, as they navigate the implications of this decision. Further details on the reasons behind the policymakers' pushback have not been disclosed.