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Will Bangladesh become a new base for Nano?

Update : 27 Aug 2017, 12:34 PM
Nitol-Niloy Group has submitted a proposal to India’s Tata Group about assembling the Nano in Bangladesh. Chairman of Nitol-Niloy A Matlub Ahmad disclosed the information while talking to the reporters at a CII event in Kolkata on Saturday, reports the Times of India. Nitol-Niloy group is the largest overseas distributors of Tata Motors and its proposal could help Tata Motors grab a major share of the automobile market here. Matlub said: "We are selling 200-300 Nanos every year in Bangladesh. I am telling Tata Group to have a major share of the automobile market in Bangladesh if Nano and some other models can be assembled in our country. “Due to the high duty structure, importing complete cars is becoming unviable." According to him, Tata Motors has only a 7% share in the Bangladesh market which is dominated by Japanese reconditioned cars. Earlier, Tata Motors Executive Director and Chief Operating Officer Satish B Borwankar said the company would not be phasing out the Nano but they would look to reposition the world's cheapest car as a lot of sentiment is attached to it. According to sources, the company would look to shift the focus from Nano to other vehicles. Borwankar said they were focusing less on Nano because the demand for Tigor and Tiago, which is also produced by Sanand facility, is more.
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