Tata may let others assemble Nano and sell it as their own

According to a report by the Business Standard, Tata Motors may let other local car assemblers build its Nano and sell it as their own brand. Vice Chairman Ravi Kant said that Tata is considering allowing assemblers to set up a micro-assembly sites across the country to produce about 10,000 Nanos a year.

“We call it Nano, they don’t have to,” Kant as said.

The Nano began selling in India in July and since, Tata has sold 7,500 units in the past three months. The Indian automaker is building a dedicated facility for the Nano with an annual capacity of 250,000 units. The facility is expected to be ready at the end of March.

– By: Stephen Calogera

Source: Reuters