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Brazil wants Tata Motors to take Nano to its market

Brazil wants Tata Motors to take Nano to its market
PTI
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First Published: Fri, Oct 14 2011. 02 59 PM IST

A file photo of a Tata Nano
A file photo of a Tata Nano
Updated: Fri, Oct 14 2011. 02 59 PM IST
New Delhi: Brazil on Friday expressed interest in taking the world’s cheapest car - Tata Nano - to the South American nation.
Governor of Minas Gerais, the second most populous state of Brazil, Antonio Augusto Anastasia, who is here on an eight day visit to India, said he recently met Ratan Tata in Mumbai. “We would very much like to take Tata Nano to Brazil,” he said at a CII event.
A file photo of a Tata Nano
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.
Anastasia 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 here at a function.
He also said that Indian corporates such as Infosys must expand their presence in Brazil. The bilateral trade between the countries stood at $7.51 billion in 2010-11.
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First Published: Fri, Oct 14 2011. 02 59 PM IST
More Topics: Brazil | Tata | Nano | Infosys | Corporate News |