When Tata Motors launched the Nano in Nepal, everyone thought there was very little scope. The Nano which attracts 240% tax isn’t as cheap as you would expect the cheapest car in the world to be. Tata Motors has priced the Nano Standard at NRs. 7.98 lakhs (Rs. 5 lakhs) but still 352 cars have been booked, just within 10 days of launch. The Nano is the cheapest car in Nepal and 55% of buyers preferred the Nano LX and Nano CX (only 45% opted for the Nano Standard).
Sipradi Trading (the authorised distributor of Tata Motors in Nepal) has received 8000 queries in just two weeks time for the Nano. Deliveries will start by the end of the month with customers getting special EMI schemes to get hold of the car. The Nano is sold in India, Nepal and Sri Lanka. Tata Motors plans to take the Nano to many other Asian countries by the end of this fiscal year.