Dhaka, Bangladesh (BBN)-Tata Motors has launched its low-budget Nano car in Bangladesh, two years after it announced plans to capture the market in the neighbouring country.
“We are confident that the combination of a perfect product with good service and parts back-up will firmly establish the Nano’s footprint in Bangladesh,” Chairman of Tata’s sole distributor Tata Niloy Group, Matlub Ahmed, said at the Nano’s launch ceremony Wednesday night.
But the four-seater 624 CC Tata Nano, known to be the world’s cheapest car, will cost Taka 800,000 ($1= Taka 80) in Bangladesh, reports PTI.
Ahmed urged the Government to withdraw the 45 percent supplementary duty on cars under 700 CC so that the Nano was affordable to low-income households.
The Nano was scheduled to be launched in Bangladesh three years ago but pricing issues delayed the launch.
BBN/ANS-21Aug14-3:40pm (BST)