Tata Motors to deliver first Nano on Friday
MUMBAI, July 16
MUMBAI, July 16 (Reuters) - Tata Motors Ltd (TAMO.BO), India's largest vehicles maker, said on Thursday it would deliver the Nano, the world's cheapest car, to its first customer on Friday.
Chairman Ratan Tata had showcased the Nano at an auto show in New Delhi in January last year, but consumer bookings began only in April this year after the project was delayed due to land disputes at its planned site in the eastern state of West Bengal.
The plant for producing the Nano was shifted to a new site in Gujarat on the west coast, but the first batch of Nanos would come from its car plant in Pantnagar in northern India.
Tata has assured price protection for the first 100,000 customers, for whom the cars will be available for 100,000 rupees ($2,053), excluding taxes.
For related stories, please see: [ID:nBOM419523] [ID:nBOM479322] ($1 = 48.7 rupees) (Reporting by Janaki Krishnan; Editing by Ranjit Gangadharan)
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