CorporateNo immediate plan to take Nano abroad: Irani
Tata Motors has no immediate plan to export the Nano, the world"s cheapest car, as it is currently concentrating on meeting the domestic demand, Tata Group Director Jamshed J Irani has said.
- Car sales jump 34%, bikes up 14% in Oct - Auto: Full steam ahead - SC issues notices to 23 states, 3 UTs on Tata Motors" plea - Tata may roll out 200 Nanos daily by March - GM Europe boss Forster may take charge of JLR - Tata Motors to shut Pune plant for 3 days
"We have huge pending orders eve now and we don"t think we will be able to deliver them the car very soon," he explained.
"We are testing the waters, but we have no immediate plan to go abroad,” Irani told The Washington Post in an interview published on Thursday.
"We think our domestic market is inexhaustible. If you look at our population, we are 1.3 billion and not even 1 per cent own a car. However, our middle class is 300-million strong and quite a few of them would graduate from two- wheelers to four-wheelers," Irani told the paper, adding "the only restrictive factor is the roads. We have to make more roads.”
According to Irani, the company"s current focus is on the domestic market, as we hope quite a few people would buy the Nano as a second or third car.