World acclaimed Tata Motor’s small car Nano may drive into the Thai and other markets in the South East Asia, a Thai investment agency official said.
“Tata Motors have plans to introduce Tata Nano in future (in Thailand) for the economic segment of the market and probably plan to expand by taking it to neighbouring countries in ASEAN,” Thailand Board of Investment (BOI) Secretary General Atchaka Brimble said here.
This is a strategic move by the company to use Thailand as manufacturing base to export its products to other countries, she added. Thai Minister of Industry Chanchai Chairungruang visited Tata Motors’ plant in Pune.
Abhichet Sitakalin, Sales Director, Tata Motors (Thailand) which is a joint venture of Tata Motors and Thonburi Group said, the Thai Industry Minister appreciated the Nano. On being asked when would Nano hit Thai roads, he said, “It is too early to say anything”.
“Tata Motors, the best known Indian car maker, will expand the market to ASEAN countries for the export base to the world,” BOI, the investment agency of the Government of Thailand said in a statement.
Tata Motors had earlier announced introducing Nano, which was launched in India on March 23 this year, in Europe by 2011 and exploring possibilities to launch the car overseas too.
Tata Motors have secured land in Thailand for Thai Eco car project. The Tata Nano just fits right for the Eco car project.
Source: Economic Times