Tata Motors has started sending its small car Nano to the overseas markets with shipment of 498 units in April this year and 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 (SIAM) today, Tata Motors exported 498 units last month as compared with just a single unit in the corresponding month last year.
When contacted, the company, however, declined to share details such as which are the countries where Nanos have been despatched in last month.
“We will make an announcement regarding exports of Nano very shortly,” a Tata Motors spokesperson told PTI.
Without identifying a timeline to share the details, the official further 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.
“The work is at a very high stage,” Tata Industries Managing Director, Mr Kishor A. Chaukar, had said when asked about a time-line to produce Nano in any of the overseas locations.
He had said that the automobile major was exploring various options at different places and looking at uninterrupted supply chain for the components.
Tata Motors is looking at various regions such as Latin America, South East Asia and Africa. “They are looking at any of these possibilities,” Mr Chaukar had said.
Apart from considering land building facilities availability, Tata Motors is looking at supply chain availability and at the accessibilities of markets.
Besides, the company was exploring possibilities in different neighbouring nations such as Nepal.