Tata Nano will move towards Brazilian roads



One of the growing automobile markets, Brazil has reportedly evinced interest in taking the world's cheapest car Tata Nano from the stables of Indian auto major Tata Motors to the South American nation.
It was reported that Governor of Minas Gerais, the second most populous state of Brazil, Antonio Augusto Anastasia, who is on 8-day visit to India, said he recently met Ratan Tata in Mumbai. He was quoted as saying "We would very much like to take Tata Nano to Brazil."
It was reported that he also sought Indian investments in sectors like energy, automobiles, aeronautics and IT to strengthen the bilateral commerce between the two countries. "Brazil and India already have good relationships. We want to strengthen them lot more. We invite big corporates to invest there," he said according to reports.
According to reports, Tata Motors started exports of completely built units (CBU) of Nano to Sri Lanka and Nepal earlier this year, and is considering the option of assembling the car abroad, through the completely knocked down units (CKD) route.


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