Tata to spread its wings to neighbor countries

Tata Nano is to enter into Srilanka and Bangladesh this year or next. The trial production is already in process at Sanand and export of this car is in the study by Tata. This will be in addition to the proposed electric version in Europe before 2013, said its Vice Chairman. The price will also see the hike from December due to the changes in the component price and the taxation from the government budget. The first lot will be delivered at the committed price of Rs1 lakh, he assured. He said the company is spinning the coin to decide on the allotment of the new cars for the bookings or to the direct market.

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