Nano for daily delivery

Tata’s Nano, currently under test production of Nano engines, is to be delivered daily @200 per day, said the dealers. This comes in the wake of Tata’s proposal to procure local components for making 200 Nanos a day, and from January, there will be test production of 50-60 cars a day. The Sanand plant will be in operation from January which will boost the production from August 2010. Tata Motors have planned to deliver 72000 – 80000 cars from this unit in the 2010-11 financial year. The plant will be designed to have an annual capacity of 350000 units.

Nano is currently produced from Pantnagar unit in Uttarkhand and 100-200 cars are assembled a day but the engines are made in Pune. This Pantnagar plant will enable the company to roll out 2500-3000 cars a month and 4000 later. Production at Pantnagar will continue despite the operation at Sanand, as the company has a chunk of orders for 200000 cars. The delivery of the world’s cheapest car was made this July and about 7500 cars have been given to the owners.

Tata was to deliver 100000 units by the end of Q4 2009-10 and the wait is for 55000 bookies in another two years. The news is there that the car is selling at Rs10000-Rs25000 premium in the used car market as the car’s booking yields cash interest. The company has taken care to avoid bulk booking and illegal sale by disallowing transfer of allotments.

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