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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 good 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, said at the Nano’s launch ceremony last night.
But the four-seater 624 CC Tata Nano, known to be the world’s cheapest car, will cost Taka 800,000 ($1= Taka 80) in Bangladesh.
Ahmed urged the Government to withdraw the 45 per cent supplementary duty on cars under 700 CC so that the Nano was affordable to low-income households.
The Nano was scheduled to be launched in Bangladesh three years ago but pricing issues delayed the launch.
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