Tata Motors to Launch Nano CNG This Year
Tata Motors, the auto giant known for cost effective and terrain friendly vehicles is set to launch CNG version of the Tata Nano. They will enter global markets such as Thailand, Myanmar, Indonesia and Bangladesh. The move will be taken following a sharp rise in the price of petrol in the Indian market. The company has plans to invest Rs 3,000 crore on capacity expansion and product development activities next fiscal.
Speaking to the reporters at the Delhi Auto Expo 2012, Mr. P M Telang, Tata Motors’ Managing Director, said, “Nano CNG is clearly on the cards. We plan to launch it very soon. Hopefully, we should be rolling it out this year.” He added, “We might look for an appropriate car for the European market. The current Nano, as it is introduced in India, would probably have different emission and safety specifications from that of the European market. So it has to be a substantially different car.”
The company is working on a different version of the Nano for launch in the European market. Telang added, “We might look for an appropriate car for the European market. The current Nano, as it is introduced in the India, would probably have different emission and safety specifications”. Talking about the expansion plans he added, “Entering into markets like Bangladesh, Myanmar and other South-East Asian countries like Thailand and Indonesia are on the cards. This is the blueprint for a year.”
The all new Nano is likely to be first launched in Thailand.
Source: Auto News India
