The Hindu Business Line : Tata may export 'Nano' to promising markets

NEW DELHI: After making waves worldwide by unveiling the cheapest car from India, Tata Motors said on Tuesday that it would 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," said a Tata Motors spokesperson.

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. T ata-inspired followers are already revving up their engines," Conde Nast Portfolio reported while naming Mr Ratan Tata as one of the 73 biggest brains around the world.

The spokesman, however, said that after positioning the firm in the domestic market, the company would consider exporting the car. "The company has not yet finalised specific export markets and timelines. The Nano will meet the prevalent norms of any cou ntry it is marketed in," the spokesperson said without mentioning any specific country, including the US. Tata Motors usually does not export any of its products in the first few years of launch, he added.

The list of '73 Biggest Brains in Business', compiled by Conde Nast Portfolio, featured Mr Tata for his 2,500-dollar car_ Nano, along with the likes of media mogul Mr Rupert Murdoch and chief executive of investment bank Goldman Sachs Mr Lloyd Blankfein. - PTI
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