Tata Motors has started sending its small car, Nano, to overseas markets, with shipment of 498 units in April. A formal announcement of starting exports of the people's car is expected soon.
According to figures released by the Society of Indian Automobile Manufacturers today, Tata Motors exported 498 units last month as compared to just a single unit in the corresponding month last year.
The company, however, declined to share details. "We will make an announcement regarding exports of Nano very shortly," a Tata Motors spokesperson said.
Without identifying a timeline for the announcement, the official said, "For various reasons, we need to send out the cars. If we want to market and sell a car tomorrow, then it cannot be started immediately tomorrow."
Last month, the Tata group had said Tata Motors was "at a very high stage" in finalising a production site for its small car Nano at an overseas location, which could be either in Latin America, South East Asia or Africa.
