Tata Motors Eyes Tie-Ups in World Tour
(The Financial Express) …Asked about plans to take the Nano global, Telang said many of the emerging markets have a similar requirement as that of India. “In the SAARC countries, the expectations of vehicles are similar to that in India. There are many territories in the world with large populations and appetite for new vehicles, like Latin America and ASEAN countries,” he said. Stating that Tata Motors is a much nimbler company, with lower overheads, he said the company can fine-tune some of its products for those markets. “Brazil, for example, uses ethanol as a parallel fuel; so the Nano that goes to Brazil will have to take that into account. When do we get there depends on the right partner, and the right time,” Telang said. READ MORE
