Tata Nano will be assembled and sold in Pakistan

[takeiteasy]

By Kashif Hussain
Published: May 4, 2011


KARACHI:

Tata Nano, the world’s cheapest car, will be assembled and sold in Pakistan after business groups of Pakistan and India have completed initial talks to bring the car across the border.

IMGC Global chairman Shaikh Amjad Rashid told The Express Tribune that his group with an initial investment of $10 million will assemble the low-priced Nano in Pakistan amid coordination with Tata Group of India. It has been decided that an existing assembly plant will be used initially for assembling the 623cc car.
The group has received a letter of intent from Tata Group, said Rashid.

The price of the car in the local market is still to be decided. The car came to the streets of India in 2008 at Indian rupees 100,000.

Resumption of dialogue between the two countries has revitalised many joint investment plans and investors on both sides have increased their contacts, said Rashid. He said that Indian trade secretary Dr Rahul Khullar during his visit to Pakistan assured Pakistani investors that barriers in the way of joint investment projects will soon be removed. Dr Khullar also promised that Pakistani traders will be allowed to set up trade offices in India.

Pakistani and Indian businessmen are increasing their contacts after the start of secretary level composite dialogue for increasing trade between the two neighbouring countries. The dialogue is expected to pave the road for better bilateral trade as well as joint ventures.

According to Pakistani traders, after the removal of non-tariff barriers there will be vast opportunities for exporting cement, marble and textile products to India while Pakistan will be able to acquire low-cost technology.

Published in The Express Tribune, May 4th, 2011.

Crossing borders : World


Alternate Source:
Business house hopes to bring Tata Nano to Pakistani roads - The Economic Times

 

[Leader]

to tell you the truth, its not going to do business. its going to be utter failure, even our kids are gonna say we dont want to sit or drive on toy car.

 

[All-Green]

Its about time we engaged in trade instead of letting the hawks dictate the relationship.
I hope this ushers in a new era of bilateral trade and prosperity

 

[All-Green]

to tell you the truth, its not going to do business. its going to be utter failure, even our kids are gonna say we dont want to sit or drive on toy car.

But you forget...under 700 cc and with the cost of fuel...i bet it shall make sense for many people.
Now if the price is around 200-300k, it shall be viable.

 

[Dalai Lama]

to tell you the truth, its not going to do business. its going to be utter failure, even our kids are gonna say we dont want to sit or drive on toy car.

Then buy them a Beamer.

 

[Leader]

Its about time we engaged in trade instead of letting the hawks dictate the relationship.
I hope this ushers in a new era of bilateral trade and prosperity

good thoughts, charity begins at home, why dont you buy this car and drive in Lahore, and inform me, I would like to take some picture

Edit note: oops that was in reply to the other post of yours.

 

[SpArK]

This is a cheap car made for lower middle class and middle class.. its not for kids or super rich who are commending here.

If its too small like a toy car.. TATA has trucks ... buy them...

 

[Break the Silence]

What about Land Rover and Jaguar... ok... let we come down lil bit.. Its Tata Safari and Tata Aria.

 

[Break the Silence]

 

[DelhiDareDevil]

Finally good news for Pakistan and Pakistanis.

This will create jobs and reduce terrorism and increase governemnt tax revenue.

Win win for both India and Pakistan.

 

[Shinigami]

to tell you the truth, its not going to do business. its going to be utter failure, even our kids are gonna say we dont want to sit or drive on toy car.

if u want, buy EUROPEAN VERSION CALLED NANO PIXEL

 

[Rafi]

I think that this plan should be vetoed.

 

[Evil Flare]

nahiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii ...

 

[Ammyy]

to tell you the truth, its not going to do business. its going to be utter failure, even our kids are gonna say we dont want to sit or drive on toy car.

utter failure ??

just wait and watch .. I think you thought that your country is really rich
come to real world

and wait for best mileage, and cheapest car in the world in your streets

 

[Comet]

I'll buy it. It is better than bike in many respects and clean and cheap transportation. I'd buy it for sure.