"The Sanand plant will be ready by January next year. At first stage, the plant will produce more yellow and silver coloured cars as they are in demand in the market," Chairman Ratan Tata said at the company's Annual General Meeting here. The new plant will cater to the domestic demands first.
Later, when the plant is fully operational, it will manufacture cars to cater to demands from Europe, Africa and Asia. Tata Motors started delivering the first batch of cars in India last month. "European, African and some Asian countries have expressed great interest in Nano," said Ratan Tata.
Tata Motors is also planning to build higher capacity engines for its Nano car. It had launched the car targeting the lower income group in India who wish to own a car. However, looking at the strong demand from the export market, now the company is planning for its higher end versions as well.
