Tata Motors launches Nano in Bangladesh

Tags: Cars
India's automobile giant Tata Motors has launched its low budget Nano car in Bangladesh, two years after it announced plans to capture the market in the neighbouring country.

"We are confident that the combination of a perfect product with best-in-the-country service and parts back up will firmly establish the Nano's footprint in Bangladesh," chairman of Tata's sole distributor Tata Niloy Group, Matlub Ahmed, told the Nano's launching ceremony last night.

But the four-seater 624 cc Tata Nano, known to be the world's cheapest cars, will cost Taka 800,000 (USD1 = Taka 80) in Bangladesh.

Ahmed urged the government to withdraw the 45% supplementary duty on cars under 700 cc so that the Nanos could be affordable to low income people at much lesser price.

Tata Motors introduced the 624 cc Nano as a low-cost car in India in 2008 to attract the middle-class people.

The Nano was scheduled to be launched in Bangladesh three years ago but the pricing issue delayed it.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • The current value of the rupee does not merit market intervention

    The rupee, losing 40 paise per month against the dollar since May, is expected to remain under pressure till the calendar runs out on December 31, bef

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Zehra Naqvi

How smells evoke strong memories

Remember that time when a passing fragrance transported you to ...

Dharmendra Khandal

Indian zoos need a fresh approach

Recently, when a man jumped in a tiger trench of ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture