Tuesday, May 13, 2008

Tatas may export Nano to promising markets, including US

After making a wave worldwide with unveiling of the cheapest car from India, Tata Motors on Tuesday said it will consider exporting the Rs 1-lakh car to many promising markets, including the US.

"There is nothing that we can not export Nano to any country. Tata Motors also has plans for exports. But the Tata Nano will be initially marketed in India," Tata Motors spokesperson told reporters.

The announcement comes close on the heels of the US publication Conde Nast Portfolio's report that 'Nano' would not be sold in the US.

"The model (Nano) won't be sold in the US but has the potential to radically alter the market for manufacturers here. Tata-inspired followers are already revving up their engines," Conde Nast Portfolio reported while naming Ratan Tata as one of the 73 biggest brains around the world. More>>