IBNLive.com: Breaking news from India

 

Font Size A+A-

Tata Motors may let others assemble Nano

TimePublished on Mon, Nov 02, 2009 at 17:31, Updated on Mon, Nov 02, 2009 at 17:38 in Business section

BLUE PRINT: Assemblers to set up micro-assembly sites across the country that could produce about 10,000 cars a year.

BLUE PRINT: Assemblers to set up micro-assembly sites across the country that could produce about 10,000 cars a year.


Ads by Google

ibnlive.com is on mobile now. Read news, watch videos
be a Citizen Journalist. Log on to m.ibnlive.com NOW!

Photogallery

Find us on Facebook | Join IBNLive community

Stay ahead with G-Talk Buddy | Click now!

Ads by Google
  

Mumbai: Tata Motors, India's largest vehicles maker, may allow local car assemblers to put together its Nano and sell it under their own brand, the Business Standard reported on Monday.

Tata began selling the Nano, the world's cheapest car, in July, and has sold 7,500 units in the past three months.

Tata is building a dedicated facility for the Nano with an annual capacity of 250,000 units, which is expected to be ready by the end of March. Until then, it is making the Nano in smaller numbers at an existing plant.

Vice Chairman Ravi Kant told an awards function that Tata Motors might allow assemblers to set up micro-assembly sites across the country that could produce about 10,000 cars a year.

"We call it Nano, they don't have to," the paper quoted Kant as saying.

A spokesman for the company told Reuters that when the Nano was launched, outside assembly was mentioned as an idea.

Ads by Google
Related Ads:

Copyright © IBNLive.com. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of IBNLive.com is prohibited.

About Us | Disclaimer | Careers @ IBN | RSS | Podcast | Contact Us | Feedback | Advertise With Us | Connect.in.com

© 2009 IBNLive.com India. All Rights Reserved. A Web18 Venture

CNN name, logo and all associated elements ® and © 2009 Cable News Network LP, LLLP. A Time Warner Company. All rights reserved. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Use of the CNN name and/or logo on or as part of CNN-IBN does not derogate from the intellectual property rights of Cable News Network in respect of them.