Active Stocks
Thu Apr 18 2024 15:59:07
  1. Tata Steel share price
  2. 160.00 -0.03%
  1. Power Grid Corporation Of India share price
  2. 280.20 2.13%
  1. NTPC share price
  2. 351.40 -2.19%
  1. Infosys share price
  2. 1,420.55 0.41%
  1. Wipro share price
  2. 444.30 -0.96%
Business News/ Companies / Carzonrent, Tata Motors pact: Rent a Nano at just Rs399 per day
BackBack

Carzonrent, Tata Motors pact: Rent a Nano at just Rs399 per day

Tata Motors would supply 200 Tata Nano Twist cars to Carzonrent fleet for self-drive service in the Delhi/NCR region

Under the initiative, Delhi based Carzonrent would also offer the Nano cars to customers on a hourly basis at Rs99 and also for a whole month at a rent of Rs6,999. Photo: PTIPremium
Under the initiative, Delhi based Carzonrent would also offer the Nano cars to customers on a hourly basis at Rs99 and also for a whole month at a rent of Rs6,999. Photo: PTI

New Delhi: Car rental firm Carzonrent and Tata Motors Ltd. have inked a pact to launch an initiative in the Delhi/NCR region, under which customers would be able to hire a Tata Nano car for self drive at just 399 per day.

As part of the “Myles City Drive" initiative, Tata Motors would supply 200 Tata Nano Twist cars to Carzonrent fleet for self-drive service in the Delhi/NCR region. “This association with Tata Motors is a step forward on Carzonrent’s endeavour to build long term partnerships with auto manufacturers to develop a dynamic ground mobility landscape in India," Carzonrent Ltd managing director and CEO Rajiv Vij told reporters here.

Under the initiative, Delhi based Carzonrent would also offer the Nano cars to customers on a hourly basis at 99 and also for a whole month at a rent of 6,999.

Customers would also be able to book the car online as well as rent directly from the company’s 43 operational centres across the Delhi/NCR region.

Vij said the Myles City-Drive with Nano Twist is aimed at empowering customers and to enjoy everyday life a little more.

Commenting on the initiative, Tata Motors head institutional sales Deepankar Tiwari said: “Through this partnership we will reach out to a larger customer base and give them an opportunity to experience the Nano in a self drive avatar."

Carzonrent, which started Myles (self drive) initiative last year, currently has a fleet of around 600 vehicles under the vertical.

“We started this initiative last year with a fleet of 14 cars. Now the self drive vertical has 600 cars and we expect it to touch 5,000 units by 2016," Vij said.

The company currently offers various cars ranging from Mahindra e20 to Mercedes-Benz under the self drive initiative across 16 cities in the country.

Elaborating on the “Myles City Drive", Vij said the company would first begin with Delhi/NCR and later expand to other parts of the country.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 08 Oct 2014, 05:41 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App