Tata Motors May Start Exporting Nano Minicar by December

NEW DELHI, KOMPAS.com - Auto parts vendors to Tata Motors Ltd. (TTM) have been told that the company may start exporting its Nano minicar to Indonesia, Thailand, Sri Lanka and Africa by December, executives at two component suppliers said.

“Tata Motors may begin exports of the Nano as early as December and will likely export 1,000 units initially,“ an executive at one of the suppliers, who asked not to be named, told Dow Jones Newswires recently.

“These markets are quite similar to India and have similar requirements as in India, and Tata Motors wouldn't need to make major changes to the existing Nano.“

The company is yet to finalize the countries where it will export the Nano but “Indonesia, Sri Lanka, Thailand and some countries in Africa have been identified as possible locations where the car could be sold first,“ said the second executive, who also didn't wish to be named.