Business Standard

Tata Motors extends open sale of Nano to six more states

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Press Trust of India New Delhi

Tata Motors today said it will start open sale of its small car Nano in six more states, including Gujarat, Jharkhand and Bihar, from next week.

The company also said the Nano facility at Sanand in Gujarat is fully operational now and production is being ramped up. It started selling the car off-the-shelf in four states after inaugurating the facility in June.

"Tata Motors today announced open sale of Tata Nano in Gujarat, Andhra Pradesh, Jharkhand, Bihar, Madhya Pradesh and Chhattisgarh from November 22, 2010," the company said in a statement.

"Residents of these states, who desire to drive home a Tata Nano, but had not booked the car during 2009, will be able to purchase a Tata Nano now," it said.

 

The company is already offering ready deliveries of Nano, touted as the world's cheapest car, in Kerala, Karnataka, Maharashtra, Uttar Pradesh and West Bengal.

"Tata Motors has tied up with 26 banks to offer customers loans for purchasing the Tata Nano at attractive rates of interest. More such arrangements are in process," it said.

Earlier in June, the company had started production at the 1,100-acre Nano facility at Sanand. The plant has been created at an investment of about Rs 2,000 crore.

"Tata Motors' new 2,50,000 cars per year plant at Sanand (Gujarat) is fully operational. Production at the plant is being speedily ramped up for instant delivery," the statement said without giving any details.

The company had selected one lakh customers through a lottery for delivering the car in the first phase. It had said these customers are price-protected and they would get their cars at the announced price of Rs 1.23 lakh-Rs 1.72 (ex-showroom, Delhi). The delivery of these cars is scheduled to get over by 2010.

 

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First Published: Nov 19 2010 | 7:26 PM IST

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