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Tata Nano in Sri Lankan Roads


New Delhi: The Tata Nano could soon be seen on the roads of Thailand, Bangladesh and Sri Lanka.

Tata Motors’ chief executive officer Carl-Peter Forster said the company “will go after these markets one after another. The Nano is a raw diamond that needs polishing”.

He was speaking on the sidelines of a global auto event.

Last year, Theodore Huang, chairman of Taiwan’s Teco Group, which specializes in industrial motors and home appliances, had expressed his keenness to make and sell the Nano in Taiwan.

According to Huang, the Nano will be priced at $5,000-6,700 in Taiwan, including local taxes. This will make the car even cheaper than the lowest-priced car in Taiwan sold for $13,400.

Sources said the company was keen to start with Thailand and Taiwan, before reaching out to the other markets. Turkey, Brazil and Romania are also interested in importing the small car.

Sourse: http://www.news360.lk/business-finance/tata-nano-in-sri-lankan-road

 



Posted on Wednesday, February 02, 2011 @ 10:06:15 LKT

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